Thank you for this thread.  I have old VHS tapes that I don't watch anymore.  All the movies can be rented on DVD.  I have been planning to recycle my old VHS.  I got rid of all my cassette tapes and cassette player along time ago.  The same goes with vinyl albums.  Eight tracks were before my time.  I imagine CD's and DVD will soon undergo the same type of death as their older relatives.
As a practical matter, all my working media is located between my computer's hard drive, an external hard drive, CD's, DVD's and a remote online backup system.  The CD's and DVD's are slowly receiving less and less usage.  I don't yet own a Blu-ray player.  Hopefully, I'll be able to skip that and download Blu-ray media straight from the Internet to an HDTV.  Generally, discs are becoming a cumbersome, outdated way of dealing with media.
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If you're reading this, it's too late.