It's not just Blu-rays / DVDs, of course.
Opening editorial in this month's Stereophile magazine is about CDs quickly disappearing now. Digital releases are taking over there too, and many performers are not necessarily even issuing a CD. I've got a big library of CDs, and ripped them all to a server over 15 years ago. But even there, I don't listen to the ripped CD - if it's available, I stream it via Tidal. (Part of that is streaming gives at least a little extra to the artist as opposed to the CD which is a sunk cost but gives nothing more to the artist when I play it.) Vinyl famously has had a comeback but not everything is pressed in that format.