To be honest, the only sensible thing to do seems to be to follow the Bandcamp model, which is pretty much perfect for the consumer. It:
- Is a hi-fidelity music store that doesn't stress the hi-fi, mandating the co-existence of lossy and lossless file formats as download options.
- Functions as a music streaming service, but in a simple, secondary, non-subscription-based (rather, purchase-based) capacity.
I've recently decided to de-emphasise physical media--for music in particular--as a personal need for a number of reasons:
- The compact disc is, by now, a very old standard without a modern, successful physical replacement. If you care about sample rates and bit depths, then there is no reason to invest in them over a hi-fi digital download, especially since...
- ...They are typically more expensive than digital downloads--even lossless ones--between base cost and shipping.
- Physical media takes up physical space which, for a collector who likes to show off their shelves, might be acceptable--but not for someone like me, who wants to down-size and eschew what she can.
Gramophone records will forever be a niche market because, while they can be recorded at high fidelity,
good equipment to do so is so costly that the practice becomes audiophile-exclusive. After that, they are less convenient to more common consumers in pretty much every way. Ultimately, the only practical use cases for them, or CD's for that matter, is in collectibility and a classic "feeling of ownership" which comes from holding something in one's own hands. I think even that is also on the decline because people--especially young people--are favouring a less costly, more modest form of "success",
id est less material wealth to fill out smaller house holds in order to mitigate the cost associated with merely
living independently in an economy like this. Having CD, video, record, or even cassette collections almost certainly entails shelving, crates, or other furniture to support them--and again, good ones cost a
lot of money. I, myself, with a previous mentality, spent untold hundreds on quality oak dowel shelving. It certainly looks nice and all, but why bother? Was it really worth it?
Bandcamp again occupies the perfect middle ground by allowing physical media sales while also largely facilitating that such sales include a digital copy, but again, why bother? Meanwhile, digital
streaming services are in even worse spots, I think, because there is no consistency or certainty to them: Properties occupy and leave these services all the time without at least offering the consumer an opportunity to download their own, personally-stored, digital copy--a complete lack of retention assurance. Of course, hard disks cost money and have their own space foot prints, but both are
much smaller, relatively speaking. Same idea with cloud storage, except without the space foot print.
The transience of the streaming market dooms it from the start. Online music stores, of course, experience their own issues with fluctuating content, but at least it can be said that they provide the best overall convenience, opportunities, and compromises. It's why I wish the film industry would go towards online video stores, as opposed to all of this cloud-based, UltraViolet or instant-video crap.
EDIT: This was originally a reply to another topic that was subsequently spun off in to its own. If it seems like a somewhat random tirade and not first-post material, that's why.