i Murgesh, from your note it is not clear whether you downloaded your music in a compressed format or uncompressed. Writing music in digital format back to a CD is a step backwards in the sense that the CD is a combination mechanical and digital device.Downloaded music is Flac form.
Like it or not the way of the future is home media servers, which can be as simple as a USB thumb drive connected to your home router sharing your media files in all possible available formats over your home network to network connected devices. This can be a Fire TV, android box or similar with optical or coax digital connections.
I use an Asus router, with a 256 GB USB thumb drive containing my original ripped CDs in VAW (uncompressed) format, streaming to a fire TV which is connected through optical connection to NAD digital amplifier, using Triangle speakers as Analog to digital converter’s. The best sounding system I have ever had for a cost under $2000.
Yes, there is lots of convenience when we rip\download all our music to USB drive. Yes, future is streaming, since I am old school guy, feel better with CD's, sameway others will feel Vinly is good for them.
My question again, are the latest albums are available on CD?