I’m pretty sure Italy let the license expire since it didn’t do as well as they had hoped.
Do not forget that in a convention Dynit said: we want Sailor Moon Crystal on DVD / Blu-Ray, but Toei requires a TV broadcast.
You had a broadcast in Italy several months later, and nothing in physical output.
In France, Kazé France repeatedly told French fans that they wanted to release season 3, but not a TV broadcast (Toei had planned to double season 3, they made a quote for it, but never followed up), and then they said it was not planned (they said since 2018 ) while before it was: we hope.
So the blocking of rights on physical media are there and for many years already.
Madman have deleted the page of the full Blu-Ray (Season 4) set, the pre-order for season 5 part 2, also deleted.
Likes: Sailor Starlight