When you buy a computer you own it and should be able to do anything with it because you paid for it. In reality, you pretty much could but if you do some things, you're breaking various laws. The same is true for a DVD of course, you can copy it and sell the copies or stream them online but that's not legal either.
So long as you do what you want with your computer without interacting with other people, nobody cares. You can download youtube videos, copy DVDs, build your own versions of movies with your voiceovers in it or whatever you like because nobody cares (even if it isn't legal.) But as soon as you sell something or even give something away that breaks those laws, you get in a heap of trouble.
If I wrote the same app that MS did for my own phone and put it on my phone and computer and tablet, Google wouldn't notice me. I can make copies of videos and pass them around all my devices and Google still wouldn't notice me or care. But if I was Microsoft and did that for my customers... yeah, they notice and care.
Now is it ethical? You skip commercials and block ads, but regardless of what people want you to do, it is your computer/dvd player/iphone and you can do what you like. If you choose to view ads, support sponsors etc, that's being a good member of the community, and kudos for it. However, if you don't, so long as you aren't affecting other people, I wouldn't say it was unethical.
A long time ago, I had a friend whose father was one of the most honest and respectable people I knew. I found out that he was descrambling satellite TV and it surprised me. I asked my friend about it and he explained his father said something like "If they put it in my yard without asking me, I feel free to do with it as I like without asking them." I still think about that today when I'm questioning the difference between what is legal and what is ethical.