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There are high bitrate services: https://www.kaleidescape.com

They're pretty expensive now but I suspect the transition away from Blu-Ray will create a market

Pretty expensive is putting it lightly. It is about $40k in hardware that is proprietary and you must use, plus you pay the full price for all the movies after that.

No it isn't, you can get a player at Best Buy for $3k and movies are like $15 once they're out on DVD. The high priced items in the store are for movies that are still only in theaters and not on streaming yet.

I genuinely never heard of this. They claim to be the only service that does this but that's better than nothing at all.

There’s always the Jolly Roger.

Ethical concerns will follow the lead of the ability to buy and own

There very much is a lot you can do, torrenting made me feel more powerful than owning physical disk ever could.