Another thing I was thinking of is if deals were signed before the decision to go to streaming was made, traditionally those deals would automatically include physical releases. Prey was always a 20th Century project and was developed alongside The Predator. But the production greenlight probably didn't come till after the Disney buyout, right? Depending on when the decision was made to go to streaming, we first heard of it during the lawsuit while the movie was in production, then the deals would've had to be revised or physical is inevitable under those original production contracts.
Deciding to go to streaming after the fact is what caused all kinds of headaches for WB during their HBOMax covid release. If the decision was made before anything was signed, and the greenlight was given, then obviously the odds start dropping.
Or maybe I'm just thinking in circles here, to try and stay optimistic.