That's what "digital ownership" is these days. The companies will outright tell you that you are "purchasing an item" and that you "own it" in your library. But

That's what "digital ownership" is these days. The companies will outright tell you that you are "purchasing an item" and that you "own it" in your library. But will bury deep in ToS that it's a revocable license. That is the status quo of digital ownership. This is what it means in the context of reality. If you contort the "digital ownership" definition to mean that you properly own things, you are right. But that is not the definition we go by.