Copyright laws vary from country to country, as do provisions for fair use. That should have been the first question asked if we were having a serious conversation. But ultimately this endeavor is grey-market at best and the most practical conversation would be less about legality and more about how to minimize risk. Owning source material (DVDs, etc) could potentially be used as a defense to mitigate damages should legal action be taken. Depends on how good your lawyer is and about a million other factors (method of acquisition, jurisdiction of legal proceedings, jury/not jury, etc).