I'm not sure this makes sense for most people who watch a series once and then never again. Physical media makes sense for movies and shows that you'll watch multiple times. So you might buy Firefly, but not Reacher (please, not Reacher). With kids it makes particular sense - kids love watching the same thing over and over (I'm not sure why). If Wreck It Ralph was on VHS it'd be worn out by now...
We could share physical media with others. Like a library of sorts.
I'm not saying I disagree, but very interesting how this contrasts with attitudes people have towards books. People keep physical books around just for kicks. Often times they haven't even read half the books on their shelves.