Go watch that text that flashed up on your old VHS tapes. You didn’t own it, you merely had a license to use it in a certain way. Invite too many people over to your house to watch a movie, you broke the license as now you’re staging a “public showing” and you don’t have a license for that. Schools used to get in trouble for this sort of thing when some kid brings in a home VHS tape and plays it at “school movie night.”