I don't agree with your analogy. "Mrs. Miniver' ain't a twenty dollar bill. We own our currency while it's in our possession, but we only lease the right to use 'Mrs. Miniver'.
The media makers want to say we don't own the product, we only license the use of it from them. But if the product becomes unusable, they then want to treat it as though we own the physical product and are personably responsible for replacing damaged product.
If we have truly paid for a license to use the media, then we should qualify to have the physical product replaced easily and inexpensively.
But the media makers want to play it both ways.
If you found a retailer who agreed to replace damaged product for no cost, that's great. But it's also highly unusual.
Some music/video producers will, and almost all software vendors will. If you don't like their terms, then don't buy it, like I don't ever buy pay-per-view. Seems simple to me.