Im trying to use an add-on disc for borderlands that a friend gave me, it let me download the content but thats all. Im trying to figure out if I can transfer the license from his profile to mine and if it will make him unable to use the add-on
Sorry but you can not transfer DLC licences between profiles/accounts OP.
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If you installed the DLC from a disc then it has no DRM to worry about. You can install it to as many consoles as you want without problem.