this post was submitted on 02 Dec 2023
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It is, and IIRC you don't even "own" a movie even if you physically have it. You own the physical disc, not the content on it. Granted, it's a lot harder for Sony or Discovery to come kick down your door and take your copy of Ice Road Truckers so you have to rebuy it...
That's not really a big deal with regards to physical items. If you buy a book you don't own the rights to the text either.