"Vinyl and CD are more popular than ever????" Unfortunately, nothing could be further from the truth. In fact, just the opposite of what you stated is true. Yes, vinyl and CD may still be popular with old farts like us, for all the reasons you so explicitly stated. However, amongst the young, say, ages 18-40, vinyl and CD are virtually nonexistent. In today’s world, the vast majority of those who represent the future of high end audio, or, music listening in general, stream their music exclusively. Yes, I’m afraid that todays world of high end audio has become more like an exclusive club for more well-heeled senior citizens like us who grew up with and are still clinging onto the old technologies that we still hold so dear to our hearts. And that, in a nutshell is what today’s high end audio represents. High end audio seems to be becoming a dying breeds, perhaps because of it’s inability to embrace and promote the new digital technologies, instead of allowing itself to become dominated by the old and antiquated. Go take a visit to your local high end audio shop, or go out and attend one of the big audio shows, you’d think you were at an old folks convention for the middle age and beyond, Lol. Sad, considering how beautiful and vibrant the world of high end audio was in years past. If there is to be a long term future for high end audio, it must embrace the new digital world, or else it will eventually fade away along with all us old farts. Happy listening.
Music streaming = 84% of music industry revenue
Spotify subscriber count = 700+ Million
Apple music subscriber count = 200+ million
Bandcamp: 180+ million
Soundcloud: 140+ million
Youtube music = 100+ million
Amazon music: 82+ million
Sirius XM: 33+ million
Deezer: 10+ million
Pandora: 6+ million
Napster: 5 million
Tidal = 2 million
Qobuz = 200k
etc
Number of vinyl records sold in 2023: 49 million
Number of CDs sold in 2023: 38 million
Such is life, it appears.