What would a true purchase of digital content look like? Just the lack of DRM? You could still lose your copy and the company you purchased it from could no longer exist.
You buy a digital, DRM-free file. It is yours forever. If you lose it (bad storage, malware, deletion), it's gone. It doesn't mean that it wasn't yours. It doesn't mean that anybody owes you a new copy in perpetuity. It doesn't make any of that "fake ownership".
I mean if I lose my copy of any media I own and the seller that provided isn’t around, that’s on me, right?