One of the rights we are continually trying to claw back from the IP Maximalist lobby (and their minions in office) is the right to enjoy the media you own in a format available to you.

However, the studios and labels like taking another bite of the apple by releasing new versions, or versions in new formats, sometimes twice as they release better versions that correct for bad transfers (e.g. the lightsaber problem with the early blu-ray release.)

Hollywood has established though repeated bad-faith behavior, it's not interested in getting your money legitimately or while retaining a positive customer experience, but extracting your money any way they can.

The DMCA forbids breaking DRM even for legal or non-copyright violating reasons (which is how we lost the right to repair or even jailbreak phones). And they could use this to prevent you from converting formats of your media to one you can actually use, but they'd have to make a stretchy case in court.

Sony also overcharges for scratched or failed media, so they've been caught treating their stuff as licenses or media when it legally suits them.

PS: Illegal ≠ Wrong. LGBT+ people are not grooming children, but religious ministries are.