Just because you purchased it doesn't mean you own it

I see that Steven Metalitz, the lawyer who represents the MPAA and RIAA wrote the following in a letter to the top legal advisor at the Copyright Office:

"We reject the view that copyright owners and their licensees are required to provide consumers with perpetual access to creative works. No other product or service providers are held to such lofty standards. No one expects computers or other electronics devices to work properly in perpetuity, and there is no reason that any particular mode of distributing copyrighted works should be required to do so."

What absolute rubbish.