CD Player vs. music streaming

Dear Audiophiles:

Thank you very much for your kind response to the subject. 
I visit one dealer to hear the rip hi-resolution file which streamer is 
a mid to high end model of the Aurrender.  The Pre is Burmeister and the power is Classe mono+ mono and the speaker is Spendor 100. 
Just a short listening, the music (piano) sound reproduction is bold and solid, but I feel it short of the expression of the player and the music and the overtone.  That means it is a bit hard tone. The Boss of the shop who is a veteran audiophile tells me that the best sound is LP, then, CD. The streaming is still lag behind. 

I love my cds, cassettes, and albums. Growing up use to listen to king biscuit, superstars in concert, etc, and record live shows. Those days are over. You can't find those shows on streaming services. A good portion of these shows are quite better than the original albums recorded in a studio. I subscribe to a streaming service, but I wouldnt give up the medium listed for the world. Music today, in my eyes is horrible. Different generation. Not My Generation. 500 dancers in unison, vs prerecorded music on stage. I dont care for it. Get your self a Rotel cd player, sit back and rocknroll.

I think you are spot on with your assessment and inherent limitations of the CD situation.  Another HUGE benefit of subscribing to a streaming service (I use Qobuz at $15/month that includes their hi-res recordings and am thrilled — best 15 bucks I spend every month) is that you’ll have unlimited access to that huge music library and you’ll discover new worlds of awesome music you might’ve never heard otherwise. 

My recommendation would be to buy an Innuos Zen Mklll for $2699 as it’s very high quality and does everything from streamer to DAC to CD drive for easy ripping and storage to good software interface.  All you need to do is connect it to your internet and switch the interconnects from your CD player to the Zen and you’re in business (of course you need to subscribe to a streaming service, and most offer a free trial period so you can compare).  Read Darko’s reviews as he describes the sound and also explains a lot about streaming that you may find interesting and informative as you’re getting started.  Best of luck. 

I would go with a streamer. Probably rip the cd's you like that you can't find  on the streaming service you use. Many streamers can handle a SD card or an external drive with music  files.

You can go for a streamer with built-in dac or buy dac separately. The latter gives you more choices.

I am currently using a Raspberry Pi as a streamer connected to my dac but may upgrade later.

Project Streambox has not been mentioned much but looks like a good option.  

https://darko.audio/2019/03/have-your-pi-eat-it-pro-jects-stream-box-s2-ultra/

There is no streaming crap that comes close to SACD or bluray audio in sound quality. Yes, i listen to both stereo and am also a strong proponent of multi channel/surround music. 

However, the DACs in cd/blu-ray players and streamers can very much keep up with stand-alone DACs (due to rapid advancement and falling costs of good quality DA conversion). So, it would make sense for you to get a multipurpose player that plays CDs, HDCDs, SACDs, blu-ray audio, blu-ray movies and has a great DAC.