In this particular case what they were selling wasn’t a licensed copy of a movie or show. They were selling a license to stream. When the contract ran out they had to pull it from the streaming platform.
Sony said that affected customers will lose the ability to stream titles including Outrage: Way of the Yakuza, Paddington, Paddington 2, Pan’s Labyrinth, Rambo 3, Terminator 2: Judgment Day, and The Boy in the Striped Pajamas “due to our content licensing agreements.” As of September, Sony will remove any affected titles that UK users bought from their PlayStation library, per the notice.
In this particular case what they were selling wasn’t a licensed copy of a movie or show. They were selling a license to stream. When the contract ran out they had to pull it from the streaming platform.