I agree it looks like the studios want to move on to digital, and Warner as usual is leading the way. Disc is still very profitable for new releases but the catalog well has pretty much run dry.
I'm not ready to collect movies on digital UNLESS
1) it's full Blu-ray quality and not available on Blu-ray
2) it's 4k and looks better than the Blu-ray version
I think those are going to happen sooner or later, and when that happens I'll just have to get used to the fact that I won't really "own" those movies (not that I really own them on disc, but I do own the disc, which to me is practically the same thing), but just have the "right" to see them whenever I want.
As for Warner on Blu-ray, it appears they've become disinterested and are making no effort anymore to promote the format or showcase their classics.
Firstly, thanks to everyone whose helpful posts have aided me in wrapping my head around this big ugly mess we've found ourselves in. May I add my own #3 to Bruce's list. If I have to "buy" and download the films I love in HD, and preferably in 4K because I've seen the "1080" crap that friends have downloaded (which look worse than any standard DVD played through my Oppo), I still would want some sort of preservation copy I could shelve from that download. So far, downloads cannot be burned to BD-Rs, I believe that it is "illegal", in fact. I do not feel safe with everything on a Tivo or fragile hard drive that could falter without warning. Would it be too much to ask for the studios to arrange for even a one time ability to burn the bought item onto a disc so we "old timers" who want a disc on our shelf to be brought down whenever we have the whim to see it could, indeed, have one?