Before someone comes in and says something moronic (because physical media isn't a VC funded B2B SaaS business), I'd like to remind everyone that Redbox was going strong until Chicken Soup for the Soul bought them. Even in the late 2010s when streaming was really taking off, you could often go down to your local corner store and rent a DVD or BluRay out of a Redbox machine.

The only reason people went to streaming in the first place was that Netflix was cheap and, arguably, a heavily subsidized monopoly in the streaming space.

So yeah, some kind of DVD/BluRay business could very well work in the US and Canada.