I'm with you on all of that & despite having Sky Movies, I still buy Blu Rays (& the odd DVD even; it's the only way to see some films). We've a decent collection by now (~ 700 blu rays & quite a few DVDs) and I enjoy browsing through them & picking one for the evening's viewing. Picture & sound quality can be wonderful & it's ALWAYS delivered seamlessly; watching on Sky almost invariably gives some picture breakup or similar annoyance.

I hadn't heard about LG stopping their BD production but thankfully Pioneer & Panasonic have started to produce some serious UHD decks that should give good service. In fact, if one wants to buy a BD deck (i.e. non-UHD), then options are shrinking pretty fast.

Cinema: Meridian 271, 3 x DSP640 (behind screen), 4 x DSP320 (in-ceiling), 4 x DSP3100 (surrounds), 2 x AC12 (interface). 2 x Perlisten D12s subs, Lyngdorf MP40 processor. DT 145" 2.35 AT screen. Sony VW870 projector & S-T lens, Lumagen Radiance Pro.
Lounge: Roon, NUC, Kef LS50 Wireless + 2 x REL Gibraltar-2 subs

Meridian owner since 1998