Is the idea of audiophile listening a dying concept as boomers die off?

Us Boomers had a choice of in-home entertainment of three TV channels or listening to music, and later an Atari and a wired remote VHS that required you to drive to the store to use. And even though I'm retired now, I sit and listen far less because I have so many other choices. So it's not a surprise that in the past 20 years I haven't run into anyone under 50 who cares about equipment, much less sitting and listening. But I have run into many who have some form of home theater system.

The equipment shows I've been to look like retirement seminars. 

The definition of audiophile is someone who enjoys listening to music.  The better the delivery system the better the enjoyment.  That’s not a Webster definition it’s plain ol logic.  

Old discussion. High end has been called dead since soon after it began. But just like you can buy a Hyundai or a Bentley, you can still buy Insignias or Magicos. High end lives.

@hilde45 I’m not sure I buy the attention span argument made in the article you referenced. I’m a member of r/kindle and from people’s self descriptions it is clear many younger people buy kindles to sit and focus on reading. Younger people sit and focus on binge watching episodes. 
My kids’ generation have no spare money for capital purchases and can only afford cramped accommodation. You need both to have even mid-Fi. A soundbar takes no space, decent speakers need room to breath. A kindle is only $150.

Experts have been predicting the demise of Harley Davidson for 2 decades now because us boomers are dying off, but I would suggest it's more the result of a dwindling middle class than 'boomers' causing moderately expensive hobbies to fade away.