Amazon Prime Video is able to remove a video from your library after purchase.
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Yeah that'll happen for anything streamed and licensed.
If you want to own something, you need to own it physically. Buy an actual disk. People won't and I'll be surprised if they are still making blurays at all in ten years but that's the only way you can actually buy media now.
I'm actually still kinda surprised about this. My understanding is that the licenses from rights holders to streaming platforms generally included an indefinite right to stream to people who'd purchased content, even if they may not offer it for continued purchase or as part of the general included streaming library.
Unless you bought after-market keys like on G2A and it turned out to be stolen/keygen'd. Valve will remove your game if your key is found to be stolen (whether you knew it or not). I imagine you know this but just felt it bore mentioning.
I have dozens of games in my library that are no longer available to purchase. Often these are games with expired music copyright, though some just removed the music in an update instead. I don't remember a single withdrawn game that would get removed from my library.
My point was it's likely within Steam's rights and terms and conditions. If they needed to or wanted to they likely could remove a game from someone's library but they likely know the overwhelming backlash that they would face.
For example games like Rimworld and Disco Elysium were, at a time, banned in Australia. I don't believe they were removed from online storefronts but if there was ever enough legal pressure maybe something could have happened. There is a Steam Support page for regional restrictions but it doesn't mention anything in regards to accessing games that have become banned in your country, contained malicious code, or somehow were infringing on copyrighted materials.
On a sidenote I imagine removing Steam's DRM using a Steam emulator is in some ways against their terms and conditions. Even though there are some DRM free games on Steam like the original Fallout if I am remembering correctly.
Edit: In regards to my last point I think this is the section from the subscriber agreement that may involve Steam emulators
"... host or provide matchmaking services for the Content and Services or emulate or redirect the communication protocols used by Valve in any network feature of the Content and Services, through protocol emulation, tunneling, modifying or adding components to the Content and Services ..."
Yes, I believe you're correct in terms of them being within their rights to do so. I'm just not aware of them ever actually pulling this trigger, but they technically can.
Unless there's a major shift at Valve I couldn't see it happening anytime soon. My fear would be once it happens once that it would become more common.
Streaming isn't the same as downloading. It has different rights and with movies it's especially complicated. The rights to a movie can literally be so complicated that no one knows who owns it.
If you want to own something, you need to own it physically.
Minor sticking point: it's still a "limited license." You don't really "own" anything and if that physical copy is damaged or destroyed you're just SOL.
Streaming, digital, physical, everything has a drawback! Backups are your friend.
Yes, you don't own the copyright. You do own the physical disk, and you also have a right to backup a personal copy.
It's not a sticking point, it's a feature. Take care of your shit just like all your other shit. No one says it's a sticking point to say that a kettle you buy could break, that's just normal part of ownership of a thing.