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It's not new, but anyone interested in the future of physical media should listen to this podcast episode that features an interview with Bill Olsen, who runs the cult-video label Code Red. It's sobering and depressing, but well worth listening to:

That's interesting. The opposite seems to have happened in Canada, where unlimited plans are far more common and less expensive than they were a few years ago.

That's why I still buy discs for films I know I'm going to watch several times. But most movies I tend to only watch once, so a rental is fine.

It's a lot cheaper than buying discs.

If you're mainly interested in movies, I'd get an Apple TV and go with iTunes, which, in my opinion, has the best picture quality - just a notch below blu-ray. It's basically an online video store, not a subscription service, so you rent/buy each title on an individual basis, and it has pretty...

Sure, but you can enjoy watching them just as much without owning them.

I think there's a false assumption at play here - I don't think the general public ever collected. The average person might have had a handful of favourites, but most people were always primarily renters.

It's already in this one: https://www.hometheaterforum.com/community/posts/4824468/

I know a number of people in their 30s who don't have any kind of media player, and these are people who work in film and television.

I think that explains a huge part of the appeal to those of us who grew up when movies where something ephemeral, and probably why those born after video became ubiquitous tend to be less enthused about owning.