Correct, 2001 napster style pirating of content. You cannot copy stuff you didn't pay for onto your hard drive.
>Also, if I clone Call of Duty, and use their skins, make a similar soundtrack, call my maps the same, then there will definitely be an issue.
A gameplay clone as I stated, tons exist (team death match, capture the flag, battle royale, with first person gunplay and army guys shooting each other). The rest is your argument, not mine.
The question is what happens when somebody mass-"uncopyrights" entire libraries of content for the first time. Because, of course, this judgement should have sent the stock price of Disney, Paramount, Warner Bros, New York Times ... to zero.
Why? Because at this point these companies are living on borrowed time. Courts have outlined a clear, legal, process to "uncopyright" any given work.