This should be illegal
This should be illegal, companies should be forced to open-source games (or at least provide the code to people who bought it) if they decide to discontinue it, so people can preserve it on their own.
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Games don't get lossy compressed when sent. They aren't films or photographs.
Also even if you're using lossy compression you don't recompress things every time lol.
If you use most digital formats for media and compress them with something like .7z or Winrar, then it might take years or decades to noticeable degrade, but it is still a matter of when not if.