Here's what I've learned over the years.
The paint formulation changes started decades ago due to Federal regulations removing Volatile Organic Content (VOC's):
This pretty much did in oil-based paints. Manufacturers started making water/alcohol based paints and changing their formulas to stay in line with regulations until VOC's were completely phased out. Frequent painters weren't happy as their original formula supplies disappeared from the stores and they had to relearn how to spray.
As an example of a VOC, original Floquil needed to be thinned with Dio-sol. If you've ever used it, you know what I mean how brutal it was once you started spraying.
The container does matter:
Glass with metal lids tend to have the longest shelf-life. This is because they are not air permeable.
Polymer (plastic) bottles or plastic lids ARE air permeable over the long haul. I've got factory sealed bottles where the alcohol/water carrier has completely evaporated. Some of them, the pigment actually balled up and I can see the ball bouncing around in the container.
And, yes, once you open a container these days, it is done for within a year. Air is our paint's worst enemy.
Just my personal experience.
Fred