simao
In any event, your conclusion assumes that the MD catalog is somehow representative of the hi-fi industry as a whole. That’s quite an assumption.
... the MD catalog does pay lip service to contemporary artists, but its adherence to a musical paradigm that peaked 45 years ago or so is symptomatic of the undeniable waning of "hi-fi" as a hobby.The hi-fi hobby isn’t undeniably on the wane. It’s evolving, just as it has from its earliest beginnings when it was very much a DIY pursuit.
In any event, your conclusion assumes that the MD catalog is somehow representative of the hi-fi industry as a whole. That’s quite an assumption.