Bitch Pudding
Member
It's declining, but it's hardly dead. Even still niche formats can last for years, like laserdisc. All the major movies had laserdisc releases and they had special features when it was never a thing on VHS.
I prefer digital for most stuff but you can't match the quality of UHD discs in any streaming format so I buy them because it's the best quality you can get. Also the fact that most of the UHD movies are not available in 4K HDR streaming outside of the US.
Aside from that, streaming isn't a selling point of consoles as pretty much every 4k TV has stuff like Netflix built in, you don't need a console for that.
The market for movies on optical discs may the declining, but that doesn't necessarily mean that it cannot be a purchase driver, especially if it's a USP.