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It's like when someone buys the right to manufacture a drug, but they spent so much money getting those rights that now they have to charge a ridiculous amount to break even.
At least video games aren't essential to life and cost $0 to distribute whether it's 1 copy or 1 billion. If this was more like the pharmaceutical industry, this game would be like $200 now.
this is bad excuse! Many games have seen publisher transitions, and this did not prevent new publisher from maintaining old versions of games.
I can tell even more - pretty same publisher that making this extortion, is a publisher of several game that was previously under different publisher, for example Saints Row 3. They changed publisher tag on steam store and thats it, they keep making profits instead of old publisher. Publishing rights retting transfered with any existing releases, so the only real reason we have no update for old version and no discount for existing users - publisher and devs are greedy ♥♥♥♥♥ and just wanted to make extra profit from people already owning a game.
Question of the day. Looks like as mentioned earlier in this thread the new one is basicly more of a cashgrab.
Avoid the Director's Cut.