What Paizo would or could do now is a different matter. They might say that PF 2E is distinct enough, especially if some 2.5E thing would remove some remaining verbiage or direct lifts from old OGL material. They might also just do a deal with WotC. Gates and Jobs at Tanagra.
Dumbest decision I've seen Paizo make since the last one.
In retrospect if that was their goal, it would have made sense to use a different copyleft license for the open content that did not include a clause that paints Wizards as the body to update the license, especially given the mechanics of using PF 1E content in 2E requires subjective decision making compared to the relatively automatic 3.5 -> PF1E or PF1E -> SF compatibility.
1. simplify things for 3rd party publishers. rather than worry about multiple licenses, just publish under the same one as pathfinder 1e, 3.5e, and 5e, that they already know like the back of their hand
2. save costs. writing a new license is expensive. it apparently would have delayed release of the pf2e system and significantly increased the cost
3. cover their ass just in case WotC thinks pf2e is still too similar to d&d
there’s really no way they could have foreseen a rugpull like this. everyone thought the OGL was ironclad until yesterday. hindsight is 20/20 though.
Could they?
This almost looks like a poison pill to me. If WotC was forward thinking enough, back in the 3.0 days they used the OGL to trick competitors into a trap.
As time has gone on the main competitor to 4e is now Pathfinder... thus taking the oxygen out of the room and leaving less space for non-OGL competition.
Now Paizo has enough of a real business built on Pathfinder, but not the endless war chest of Hasbro. It seems to me like they would probably need to cave and make a deal with Hasbro rather than try to carry on some kind of fight that puts their livelihoods on the line.
And as a player I can be dismayed with what Hasbro is doing, but knowing that Pathfinder is at risk now I have no reason to switch to them. But there's no obvious alternative to 5e and Pathfinder that has any real traction...
I don't think moving from a license which Wizards is trying to rely on ambiguity to claim it allows them to pull the plug to a license which definitively allows them to pull the plug is a business safe move. Especially since the new license requires you to accept the end of OGL v1.0a so there's no way back if you do sign.
Add to that that Wizards has pulled the plug on them before, _twice_, first by kicking them out of their official adventure publishing role, then pulling the plug on their position as an online retailer of first party 3E PDFs, and there can't be much trust for Wizards from Paizo.
Paizo could have made this decision before (without the one way nature, even), and chose not to in the 3E to 4E days. Charting their own path instead took them from the a small adventure path publisher to the #2 publisher in tabletop games, so it worked out for them, so I don't see why Paizo would choose to deal with Wizards here.
Finally, I'm not sure tabletop publishing is that high margin a business. I'm not sure Paizo could afford 25% of their revenue, or even if they got a sweetheart deal like 10% on account of their size. Plus the aforementioned trust issues regarding keeping that split long term would still be there
https://magicuntapped.com/index.php/articles/item/501-filing...
Plus there is little reason to pick a fight -- Paradox is an online publisher and has it's own slew of IPs. Not a fight worth picking, and one that might be expensive, esp. against an established player in a different market and country.