Not a lawyer but... if you have the DVD its legal to make a backup digital copy. I am thinking the same thing. Most recent movies are available for under $20 per DVD - and there are tons of deals. You can get the 4 lego movies for $5 on DVD on Amazon right now. A "Tom Cruise 10-Movie Collection" is $12. You get the idea. Get the DVD. Make a legal backup. Keep the physical DVD in storage. You now "own" the movie (or T…
You do not "own" the movie. You still only have the right to view your personal copies. You cannot broadcast it. You cannot charge others to watch it.