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Soundwave you compared video games to movies, and tv shows going digital to streaming. This works well because they are universal containers that the information sits in and can be played on any device. Games on the other hand are built for the hardware, so you need to be able to maintain that relationship and replayability on said hardware.

On another note, streaming has become so annoying with so many services, licensing exclusive issues, or expiring licenses and shows disappearing from one platform going to another, making you buy like 5 subscriptions to have access to everything now is actually making people say this is too hard and annoying and go back to piracy, so it has a negative effect.

Digital games via steam made a lot of sense, but even now some publishers are getting greedy for profits that they went out and made their own digital platforms, or if still on steam requiring to have, Ubisoft, EA, or Rockstar accounts on top of that etcs, again segregating consumers having to install more bloatware on their computers or sign up to more shit then they really need too, this also leads to piracy as people want to simply play and waste time. When it was all on steam and less bloated, it actually benefited them all as it was convenient and central. Me personally since they made it so hard and overcomplicated I simply moved on and all my money is focused on retro games or trading cards, that way at least I decide how I want to collect.