PlayStation To Delete A Ton Of TV Shows Users Already Paid For
kotaku.com
PlayStation To Delete A Ton Of TV Shows Users Already Paid For::Sony says Mythbusters and more Discovery TV shows are going away whether you bought them or not
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It should be. But I would be extremely surprised if everything in the terms of service isn't worded something like "you're buying a license to view this content that can be revoked whenever".
It is, and IIRC you don't even "own" a movie even if you physically have it. You own the physical disc, not the content on it. Granted, it's a lot harder for Sony or Discovery to come kick down your door and take your copy of Ice Road Truckers so you have to rebuy it...
That's not really a big deal with regards to physical items. If you buy a book you don't own the rights to the text either.
I wouldn’t be surprised if the TOS says “We reserve the right to change this agreement at any time in any way without notice and you agree to be bound by all future versions of this agreement”