Is it wrong to pirate movies I've purchased digitally and load onto my Plex server?

Just would like to have a discussion on the topic. I've purchased around 20ish movies/shows on Vudu, and my wife has grown to be unhappy with Vudu's UI and especially how the watch progress works. I am curious what some others thoughts on this are. My initial thoughts are I recognize I've purchased a license to watch the content, but feel that because I've purchased it I should have the right to retain total control over it and do what I please. I would like to purchase movies on physical media from now on, but wouldn't like to repurchase all the same movies and shows again when I've already paid for them