Don't know if you're being serious or not but itunes and amazon won't lose their licences anytime soon. Even if they did I presume you downloaded the content you purchased onto your computer, so there is no way you will lose those unless an exec from itunes or amazon walked into your house, switched on your computer, deleted your files, slapped you in the face and then left.
Also how on earth could we lose the cloud when there are so many people and companies using it or in the process of moving over to it?
Yes physical copies are good and all but so are harddrives for storing backup copies of your music you know?
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