idbeholdME: Here is what came in the info e-mail about this. I've had a Bethesda account for Rage 2 (received it as a gift from someone, box with a code, never would have bought it otherwise), so I received it:
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We’re saying goodbye to the Bethesda.net Launcher this year. We would like to thank you for your support and assure you that all of your games are safe. If you’re not playing PC games through the Bethesda.net launcher then your work is done here. Thanks for reading! If you do have games through the Bethesda.net launcher, don’t worry. Starting in early April you’ll be able to migrate your games and Wallet to your Steam account. For more details on what this process will look like, read on.
You have plenty of time to plan and begin migrating your Bethesda.net library to your Steam account.
The migration to Steam will include your game library and Wallet – meaning you will not lose anything from your Bethesda.net account. Many games will also have their saves migrated, with a few requiring some manual transfers. For games that require it, you will still use your Bethesda.net login to sign in to play. Your Bethesda.net account will not be lost and will still be accessible on our website and in-game, and we will continue supporting all Bethesda.net accounts with our future titles.
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So yeah, nothing really changes except killing the front end. The only difference is that now it's gonna have to verify both on Steam and Bethesda, instead of just Bethesda. Basically resulting in an additional DRM layer.
Eh nothing truly new for say Fallout 4 and Skyrim sense Creation Club has been a thing and this is a thing those have optional content that while I hate it as its microtransactions .. Its the sort of BS that even Steam has for some games so to me I see it as the same layer or similar atleast .. plus I do bet that Bethesda.net will soon stop existing now that the launcher was killed off but thats my thought on the matter as I can see Bethesda keeping Bethesda.net up long enough to cover thier buts legally and then axe it as they kinda axed some bethesda.net factors in the past or made them optional after enough trouble and possible legal action arose if they didn't axe somethings related to it