I Sold my CD Player!!! Streaming sounds so incredible!!!

It’s always nice to run old cds on my dvd player out through a good co-ax cable into the dac on my streamer. The cds will sound better through a good quality dac. But the OP  is right, 16 bit compared to 24 bit, there is no going backwards 

In regard to artist's remuneration. The most popular artists do just fine between streaming royalties and concert dates. The obscure and/or unknown artists likely do better with streaming vs. hard copy. For one they get far more exposure via streaming vs. cd/vinyl, Vast majority of these artists won't get promoted by a record company and it requires resources to produce hard copy. Nope, these types of artists have been advantaged by streaming, I have literally thousands of releases on my fav and play lists  from artists I'd not even be aware of if only hard copy available. I have well over 3k cd's and that much or more vinyl, and the vast, vast majority of it is well known artists from the past. When I was purchasing hard copy there were enough past artists and contemporary artists I was familiar with to empty my pockets of money set aside for music purchases.

Now, I might agree that mid level artists may suffer streaming vs. hard copy. These artists may have profited more from hard copy vs. streaming, assuming streaming not available. Still, does the greater exposure that comes from streaming add up to more listens which means greater remuneration, and perhaps a greater chance of prolonging a career.

I'm a boomer, totally believe this is the golden age of music, I can now afford complete output of my favorite artists, and I get much more exposure to new music and artists!

Think about the average size of vinyl and cd collections, I 'd say my 3k plus cd, 3k plus vinyl is up there. And so, I have this relatively large collection, think about how few artists have benefited from my purchases, and how little money I've spent relative to the entire output of recordings ever made! Now , tell me who was getting rich from back in the bad old days when record companies ruled who got signed and promoted.

   @secretguy working in a soupkitchen last Thanksgiving I saw Roger Daultry, Taylor Swift and Billy Joel in line.  I do feel sorry for the poor artists.

@laoman - If you like the 'convenience' (!!) of finding/cleaning/putting on a CD, then you'd be gobsmaked at the real convenience of choosing music from your chair, and playing it within seconds of deciding what you want to listen to.

@sns - 100% agree. I spent over a year ripping my c2k CD's to my PC (using EAC, and FLAC). I sold my 'high end' CD transport and DAC and spent just 30% of the funds to get the steamer, and it killed the CD. Sold the TT too, and bought a BMW (used) with the proceeds. The streamer sounds better than either, at a fraction of the cost. It's a win-win as far as I can see, and you don't have to spend stupid money on expensive Vinyl, which wears out, then play it, wearing out your VERY expensive stylus, very quickly.

@mahler123 - "Does the convenience of streaming outweigh some of its disadvantages?" So what are its disadvantages? I don't listen to Classical music, so don't know about streaming services limitations (I don't use any of them btw, but play music from my own ripped CDs or downloaded music), but if that's your only gripe, then that is so easily overcome by ripping those few you can't stream from xxxx, to your own PC/NAS, and if you actually don't own them, download them and do the same.

@secretguy - So, are you suggesting we all sell our streaming setups, or never download or stream music?? If you're going to post a meaningless statement, you should add what alternatives you propose. You must be THE only person on this forum who's never downloaded music or a film without buying it first = doubtful.

"nothing beats streaming for discovering new music."
My experience is different. Most of my new discoveries come via analog stereo tuner on public radio local programming. One host specializes in progressive rock, others in folk, jazz, baroque, reggae. Years ago, Spotify did a scary good job of profiling my tastes, yet today very few of their suggestions have proved to be keepers. The Qobuz algorithm doesn't seem to have me figured out at all, and I've yet to find any streaming radio stations through Qobuz that keep me interested. My #3 system is hooked to satellite TV via a good DAC, providing access to DirecTV stations such as "Adult Contemporary" that aren't bad. #4 system is on desktop, and I'm told that YouTube knows users better than they know themselves, but haven't gone there yet to verify this.