You don’t own the games or movies. You are just granted a license to use them in a certain way (mainly in private).
With physical media, you do own the actual, physical object that holds the media and can resell it. When you do, the contents of the object go with it. This is allowed both because it would be pretty difficult to stop (especially with the tech of yesteryear) and because (in theory) you lose access to the media once the physical object holding it is no longer in your possession. There’s also the fact that the precedent predates modern technology by hundreds of years thanks to used book stores.
With digital media, there is nothing involved that you actually own and can sell. Therefore, it’s not legal to do so. This is what big media has wanted for decades.
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