Comment The title is misleading (Score 1) 326
Apple doesn't delete any purchased movies from your local library. What can happen is that the studios can expire the contracts that allow Apple to stream or download the movie even for people who purchased it previously.
However if you purchase a movie, and keep a local copy of the file, you can continue to play it.
Yes, I know, DRM sucks, but...
Having titles pulled from the store rarely does happen, and Apple will offer some form of less than equal compensation when you contact them.
More often though, titles are upgraded for free. I've had many 720p/1080p movies upgraded to 4K for free as well as some upgrades on SD titles. This doesn't happen with all titles, but it happens far more often than titles being removed.
Personally, I still strip DRM from the movies I purchased from Apple, because I want to play them with alternative software, but regardless, while there are advantages to disc formats, all of this should be put in proper context as disc formats also have defects, and can be damaged, experience defects or be susceptible to some of the very same DRM issues.