We're currently trying to get a fuller explanation of the current situation. Perry says that GameTap will continue to expand their library despite this setback, but the issue seems to be a wake-up call to many subscribers that GameTap isn't the repository of gaming that they once thought. Although it's unofficial whether GameTap didn't want to pony up the cash to extend the contracts or the publishers asked for too much money to renew -- we're pretty sure GameTap isn't happy about dipping below the 1,000 game mark they recently hyped. It's also not a great day for the company when their subscribers learn quite harshly that games on the service have a virtual shelf life.
Update: An unofficial list of games being lost Dec. 11.
[Thanks Satertak, Matt]