I'm kind of confused by an article like this. Yes physical media is on the decline with cloud storage and online streaming increasing but the author doesn't seem to have a very good grip on interpreting real world issues. I live in America where we continue to have 'Digital Divide' issues created mostly by a handful of corporations working in collusion to maximize their own profit at the expense of a stagnant network infrastructure. So for most of us consumers depending on how much you pay and where you live you may or may not be able to sometimes watch anything online with some or very little 'buffering'. And here's a typical example -- for something like 'Downton Abbey', at one time we were able to binge watch it on Netflix but then after Amazon sent a few pallet loads of money and some hookers to the BBC management, the show was suddenly only available as rental discs because Amazon retained exclusive rights to stream it.
So basically we are a long, long, long way from anyone being able to just sit down and watch what they want, we have a mess of convoluted services mixed with a various ways to access content, along with a small but influential anti-government conservative and libertarian sector of the population who view regulation as a problem and not a cure. This is just what's going on here in America, I don't know how much better or worse things are elsewhere.