Just picked this up at Wal-Mart today -- $12.96, came out on the 1st; buying at Wal-Mart has Instawatch digital copies of both movies and your receipt will print out with a VUDU code which appears to include both movies. VUDU code is in a section called ACTIVATION CODE, and on my receipt says "Digital copy of The Addams Family (Dou" (hence my guess the VUDU code includes both movies).
Instawatch redemption popped up right away, shows up as "Bundle & Save The Addams Family Double Feature" with both movies as separate entries under the bundle each with the respective new blue or purple background cover art. Also as these movies are Paramount releases the digital copies are not Movies Anywhere compatible yet -- but with Ultraviolet gone now I imagine Paramount will participate sooner or later.
The first Addams Family movie has been out on blu-ray for a few years now, but this is the first time
Addams Family Values has come to blu-ray. The 2 movie collection has each movie on its own disc.