Thanks for the advice. I agree with Mark. It’s looking like my best bet is to still make hard copies on Bluray and disperse the video that way.
My only other thought was this:
This is an 8th grade graduation, the copies are pre-sold. I could create a downloadable link and send that out to the people who paid. If they share it, no big deal really since I already got paid. Only problem is, will these parents transfer that knowledge to other parents next year, then less copies will be sold?