Physical media lets you have privacy without logging when you watch media, what media you consume, how many times you consume it, or how long you consume it. You can enjoy it offline, and in 20 years long after the studio that licensed it is gone. You can give it to a friend or loan it out. Or sell it. It is yours. Meanwhile DRM media we pay full price for, or if the content is only available via streaming we pay for…
Quick note, smart TVs when using the smart features capture this information and send it to the manufacturer or their partner. The manufacturers often sell it. It subsidizes the cost of the TV.
Using physical media does not mean your viewing isn't being monitored.