Just do point out…
This is a dangerous way of thinking. As in, actual IRL dangerous.
No private company “owns” any data on your computer, nor any item that you’ve purchased. Tho the justification exists differently in parts of the world, in the US, the entire concept of copyright premised on the concept that thought / data cannot be “owned.” The government grants a government-backed exclusive monopoloy on the production of certain thought and information for purpose of encouraging the creation and commercialization of data and useful thought. One can “own” the limited-term, government-granted monopoly contract on the data, however, no one “owns” the data or thought.
Falling into the notion that the elements of patents or copyrights themselves are “owned” starts down the road of instituting actual “illegal thought.” It sounds like I’m being hyperbolic, but I’m not. It is important to keep this distinction very well demarcated when pushing for or supporting the enforcement of concepts like ‘copyright’.
Even with this in mind, it’s even more the case that no one owns the data you have anyway. To put it most succinctly, this is the reason that it was finally adjuicated that “ripping a CD” was not a criminal or civil offense. In terms of criminal ilability, you own the copy you have, can format-shift all you want, and can even alter it, reverse-engineer it, and do whatever as much as you want, as long as it’s for your own use and you don’t try to commercialize or distribute the results. Those contracts that say you can’t do these things are basically UN-enforceable, and they just say that to discourage you.
In terms of civil liability, for services like WoW, they can, for sure, terminate you. However, you can take them to court and winback your lost, paid-for subscription fee, even if you signed a contract saying that you wouldn’t do those things, because it turns out not all those terms are necessarily enforceable.
TOS and EULA are far from the force of law. They will have everything under the sun in them. They are what is hoped for and the actual enforceable components will be hashed out in court cases when they are taken in.
Finally, this is one reason why the “forced arbitration” conclusion a couple years ago is such a big (scary) thing in the US. Alot of these contracts we sign are so one-sided for use of services and products, with terms or their application that may not stand up in court. Now that everyone can put “forced arbitration” clauses in their contracts, you no don’t even gte your day in court. TOS and EULA and those contracts you sign to do things like get bank accounts, credit cards, shop online, have a phone, have an internet connection, ride in transportation, etc… can begin to become the actual force of law… which is scary as shat.