Vinyl lives, though it's no longer what it used to be. The quality of actual material used to make it, the limited availability of quality lathes, etc. all yield a poorer product than what we saw just a few decades ago. The market has broken apart into those who prize flexibility over quality. So, we'll continue to see the growth of streaming over physical media.
Yet, as shown by some distributors, like HDtracks, there is clearly a market for quality downloads. It's just selective. That means many differing levels of compression.
I'd hoped to see Blu-Ray become a medium for high quality audio, but that hasn't happened. Maybe with the demise of Block Buster and other physical distributors of rental we'll see the media companies move in that direction to take up the slack, but I'm not holding my breath.
And over time, if people invest more in home systems, that don't simply put their main emphasis on video at the expense of audio, we'll see a burgeoning of demand for more overall quality. But as with all technologies over time, markets settle into patterns. For example, not everyone in the auto market either wants, let alone is willing to pay for, top of the line quality in a car. There will be a small segment who always desires to do so, and there will be companies interested in making that available in the video market -- thank you Criterion Collection! But even these companies must look to the bottom line. If and when bandwidth becomes both inexpensive and fast we may see distribution of films, as we do HDTRACKS for music. But for now, like many others, I'd rather choose a quality release, nicely packaged, that I'll revisit from time to time.
And our reliance on access to media streaming any time we want is not like turning on the tap for water. Today, and into the future, we'll still be at the mercy of network availability, server availability, and all other links in the chain. Most people today still want to be sure that what they buy is under their control, not some distant mega corporate cloud-based server in the 'net.