Not really. Access to the content referred to by the NFT happens at the whim of the platform. That gives them the ultimate leverage. In this case, transfer doesn't amount to much if the "object" is rendered useless.
Still no worse than some hash key that can be invalidated in the next version with a blacklist. At least a DRM key is something that NFTs are somewhat suited for.
For fuckery, there are still cracks.