DVD Format/Logo Licensing Program will be terminated at the end of 2024

This. If you ever saw budget DVDs without the actual DVD logo (the one seen in the upper right corner of the link), but with a DVD logo of a completely different style, this is why.

The physical release was always the contrast to streaming. It should have offered a quality encoding and additional features not available on streams, and of course the permanence of "it won't suddenly disappear because they only negotiated a n-year license."

As streaming gets worse, the alternative becomes progressively more compelling-- especially for "signature" movies. It ends up in the same place vinyl and CDs do in a Spotify world.

But the DVD industry is basically saying 'we no longer consider ourselves a commercial endeavour worthy of trying to have a trade association and logo programme.'

The phrasing > Currently we are preparing the scheme that enables any manufacturer to manufacture DVD Products without "License" on and after January 1, 2025.

I wonder if this will mean that we'll see the release or wind-down of the DRM facilities associated with the format. Otherwise, you could hardly make interoperable "DVD Products".