alt Hacker NewsLaws like that are just going to give rise to new tortured wording. You're buying a revocable license to view the content under certain conditions. It was already in that territory even with physical media; that's what region locking is. Likewise, if bitrot set in and your disc became unplayable, the distributor didn't send you a new one. You never had a perpetual, irrevocable, and otherwise unrestricted license to view that content.
I'm not saying that it is not worth trying to fix this, but now that the technology enables content owners to more fully control your access, they're not going to be keen to relax that only to leave that money on the table.
What? "You never had a license" - no, of course not, that's not what buying is. You had a phonograph record or whatever, and it didn't get replaced when worn out in the same way that the shoe manufacturer doesn't replace your worn out shoes which you have bought. Region locking, what about it? It's interference with ownership too.
Things you can buy have to be accurately described as what you actually get, so "buy this" ought to be an accurate description of what the deal actually is, too.