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There is a way to prevent this with iTunes. You can download copies and store them on your hard drive, though admittedly only at 1080p.

Digital is simpler and cheaper than discs for distributors and they keep around 80% of the revenue, so it’s not surprising they’re prioritizing that.

I don't disagree, but sooner or later it's going to be the only option. There are already a couple of Disney titles that aren't available on any disc format.

That's already no longer true. Sony's Bravia Core service and Kaleidescape offer movies at bitrates equal to or higher than 4K discs.