Why is not possible to sell digital games and movies that you own to others like physical media?

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Why is not possible to sell digital games and movies that you own to others like physical media?

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Because the people who sell them decided not to give you that ability, so that people are forced to buy copies from them instead of buying them second hand,

They would stop you from selling and swapping physical media if there was a convenient way for them to do that. But that’s unlikely since it’s now so commonplace that anyone who tried that would piss off their customers.

You do not really own anything that you have bought a digital copy of. You are just paying a one time for for a license to play it, that’s it. If steam was to disappear one day then all the games you “own” would go with it.

You would need some kind of mechanism to transfer a digital purchase from one person to another. Most places that sell digital media haven’t built a such mechanism because they can make more money selling new copies to everyone.

Mostly are legality issues.

Physical media have wear and tear, therefore the value of 2nd hand physical media depends on the condition. When buying a physical media, the buyers bear the risk of getting something less than ideal, so there are still incentive for people to buy brand new. However digital media is technically always preserved in perfect condition. So if there is an open market for digital items, nobody is going to buy brand new from the publisher.

It is very hard to control the ownership of digital media. Like if you bought and own a digital copy, and you decide to sell your copy to someone else, how to make sure you transferred the ownership of YOUR digital copy to someone else and not just duplicating the item (aka. pirating)?