Maybe its time to rethink desktop security. I realize that there is credential manager on windows, keychain on mac, and similar on gnu/linux; even with that it seems for a lot of services “all” you need to do is steal a cookie and all of a sudden you are someone else.

For now.

You will own nothing and you will be happy.

I shocked! Shocked I tell you! …well, not that shocked.

hard drives and SSDs don’t count as physical

When was the last time you walked into any store and bought a feature length film or tv show on hard drive or SSD?

Even on a streaming service, the files are stored physically somewhere.

What is your plan when the licence agreement for your favorite series expires on your chosen streaming service and no other streaming service picks up the show?

All media is still, technically, physical media

No one is arguing this. You’re making the strawman arguement. The not-so-subtle undertone of the article is clear.

Quoting the article:

The planned job cuts come amid a decline in demand for traditional storage formats such as Blu-ray discs, with streaming services now the norm.

…

The electronics and entertainment conglomerate will also gradually cease production of optical disc storage media products, including Blu-ray discs, according to the sources.

You will not be allowed to legally own tv shows or films and you should learn to like it. As I can tell from many of the other comments here, not many of us are fans of that idea.