Tangential to this, I've always felt like this was a bit whacky, but I've caved in and started renting and buying DVDs recently. Paying nearly 100 dollars a month for streaming services and unable to watch a popular comedy movie from the 90s my daughter wanted to see. Got the DVD for €1.
Will keep buying physical game copies, thank you - thought not even that is entirely safe, see Driveclub.
The problem with physical game copies is they don't really sell physical game copies anymore. What's on the plastic disc you buy is an unplayable mess, or even just a key, and the game you're actually going to play gets downloaded the first time you put the media in.
And the newer games require always-online play so they can phone home when you launch them.
I know it’s not really full ownership in the same way but I’d also remind folks that digital movie purchases still exist and are often a very good value. My library is full of movies that cost me $5 or less. One example is Lawrence of Arabia in a beautiful 4K transfer. I’d recommend Apple for this as their streaming quality is top notch: they are cinephiles over there.
Also, you really don’t need a blu ray player investment to just buy blu rays, rip them with a USB blu ray reader, toss them on self-hosted jellyfin. It’s really better than the blu-ray player experience especially since you can rip 4K blu-rays without having to invest in the rather limited selection of expensive players.
My third suggestion is to just skip all this and sail the seas.