Exactly. Sony/Playstation can lose their right to issue further licenses, but the existing licenses should be honoured. As that's apparently not baked into the existing contracts, someone needs to legislate that such basic consumer rights are required, and all existing and prior contracts interpreted as if these rights were in place.
Make it work the same as delisted games where you can go into your purchase history and click download.
Make it work the same as delisted games where you can go into your purchase history and click download.