This has always been the case and isn't news. They're just putting it right in front of you before you hit the buy button.
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It is news that they are now describing the transaction more accurately, once again thanks to California.
At this point, unless you can put it on a thumb drive and run it on any computer you meet without Internet connection...
You don't own it.
btw that's the case with most steam games. if it doesn't have DRM, all you need is the goldberg emu dll and done.
Gog is pretty good although they mostly have older games and small titles. I don't like there launcher as it is privacy invasive.
Luckily you don't need to use their launcher. Just download and run the installer for the game.
Honestly I wouldn't be shocked if there was some "remote kill" built into those local installers. For all you know it might delete itself on a particular date.
This should be a surprise to no one. Buy your games DRM free. The big studios don't want that so Steam is catering to the big titles.
I'll still but from Steam. Hopefully people second guess things elsewhere now.
Whoopdy-fuck. If they take away my games then I'll take away my money-spending-with-them ability and just get all my games for free