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It's official, Microsoft now owns ABK
(news.xbox.com)
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Is Steam competing with Microsoft's "Netflix but with games" service?
No, and yet Steam is still winning. Game Pass can be a sick deal but many still prefer paying just a little more on a Steam Sale to own a game forever.
I do use steam so please don't misunderstand this as bashing, but you don't own anything on steam either. You rent it for life and access can legally be withdrawn if you act against the TOS. If you're looking to buy games GOG is the only real option I know of.
I hear u on this, I'm just speaking to the real world use case. I get that Valve could shut off Steam tomorrow and that would be it, but the odds of that happening are low. What I'm saying is, if I usually take 2 months to finish a single-player game, and the game regularly goes on sale for $20, I'm always going to buy the game on Steam vs. Game Pass. That way, if I decide I want to play it 3 monrhs later, I don't have to pay ANOTHER $10 to Microsoft to access it.
And if Valve takes the game away in 10 years? That sucks for game preservation reasons, but realistically I almost never play games that are more than 10 years old.
Steam versions of games just work a lot better. If Xbox had game pass on Steam, it would see a lot more take up I bet.
Except you don't own it forever, as ISOmorph already explained.
Not yet.