Here's another one to chew on:
"Money makes the world go round."
A few years ago Amir published an interesting article about practices of American lawfirms on another forum.
You may want to look it up to get a clue of what I am talking about.
So much for being OT.
Around 2004, when I ditched traditional media in favor of digital, I started researching Hi-Res audio.
In short, this included reading numerous papers on the subject, studying Recording engineering, comparison of 16/44 audio
to Hi-Res equivalents etc.
My conclusion was (and still is) that Hi-Res audio is superior... on paper.
In practice the differences are often negligible, provided the source material has been recorded, mixed and mastered properly.
Even though prices of storage and high-end audio (production) gear have dropped over the last 20 years, it's still quite expensive to record and produce audio in Hi-Res formats. Add this to the fact that the number of high-end studios - able to afford said gear - decreased, as a result of the converging media landscape.
Obviously, the same applies to distribution and local storage of the respective media.
My personal media library contains around 20 TB of digital music, mostly FLAC files. The same library in uncompressed DSD format would require approximately 8-10 times extra storage capacity, depending on sampling frequency/quantification.