I think part of it is also that young people are just not as attached to specific media units, so to speak. It's more like everything on tap, on a stream, curated by algorithms. Things are ephemeral in this way. Years ago, an album by a band was a major thing and you had a limited number of those, you looked at the cover art in detail, read the booklet attentively etc. Owning it was a personal attachment like this. People nowadays don't really want to hoard it this way. Having convenient access on any device is more important than a stash at home.

Also at the end of the day, it's all super first world problems. Oh no, you can no longer play some video game or watch some Hollywood movie... I don't think people will get angry enough about this to care because at the end of the day it's just some entertainment.