Another significant issue with digital movies and games is the inability to resell the content once you're done with it. You can sell your DVDs at a yard sale or on eBay but not your iTunes movies. IMO, our competition law should require vendors to allow re-sale of digital goods. Big benefit for consumers.
Second issue is if you bought it trough a service and keept it there, then you definitely not the owner...
"Do not post User Content that disseminates misinformation, is misleading or confusing, and/or may lead to a risk of harm, including but not limited to User Content that: (i) includes or promulgates false or misleading information about COVID-19; (ii) may manipulate or interfere in elections or other civic processes; (iii) has been technically manipulated or doctored in a way that may deceive or confuse others; (iv) may create a risk of harm to crisis-affected populations; (v) promotes substances or treatments that present an risk of bodily harm or death; or (vi) contradicts local health authorities, the WHO, or CDC guidance on established safe medical practices."
The 2-year "warranty" required by law is not the same and only covers defects existing from the time of purchase, and after 6 months the burden of proof falls to the customer. In practice I've never seen this play out because almost all manufacturers (with Apple being an exception) offer 2-3 years of full warranty here either way.