Simondo, these days DVD players are so cheap so why not get one especially for young kids shows. Even blue ray DVD players are under $100 and you can play standard dvd's on these (but not other way round). Apple TV has access to you tube and Vimeo as well as iTunes.
With smart tv's being cheaper then ever, dvd's are being used less and less. Dvd's will always have there place unlike VHS tapes.
When I purchased my Mac mini last year I started to use iMovie and wondered why it had nothing in the software to burn discs. I checked on the net and discovered that DVDs are no longer used as content get uploaded direct to Vimeo, YouTube and Facebook. Times have changed.