It's not a long term rental, it's an limited rental, and the rental period is determined by the "landlord", solely at their discretion. We've all become digital serfs, digiserf, if you will.
Most of the friends I talk to that buy drm stuff buy it thinking it will be around forever. They just don't conceive of a world without iTunes or Amazon.
The battle for DRM-free video, however, is far from won. I’m not aware of any source for legal DRM-free video purchases (other than niches like stock video clips).
I only buy DRM free books on Kindle.
Many of them trade this for convenience and assume there will be an off-boarding process.
I fully believe artists deserve their share of the wealth created from their work. Unfortunately many artists' work impossible to financially support without also supporting DRM.
In all fairness, I don't know if the Foo Fighters still use DRM. It was irritating enough at the time that it became a lifelong grudge for me (same thing with Civ and any Tell Tale Games title).