My quandary, I have three hundred plus music CDs I ripped years and years ago that I really do not need the physical media. Yet if I give up that media I am likely not legally allowed to keep the ripped versions.
Instead of ripping it would be ever so nice to scan the barcode to gain access to digital versions but I understand the issue, I paid for physical copies and for the production and distribution of those, I did not pay for someone to host and provide for me the means to download the copies.
Now some movies do come with a digital version which you can download separately and never use the physical media.
So I have a dresser drawer filled with CDs I had not used for five if not more years. However I do have to say, I never will lose access to that music nor the physical books I own which is more than I can say for stuff I purchase digitally through Amazon or Apple