Most expensive Audio disapoinment?

peoples memories are short. the cd was made to displace the audio cassette, not the lp. vinyl was in sharp declined long before cd arrived.....the marketplace was a 70/30 split cassette vd vinyl. spending a fortune on a cd player is just as crazy as spending a fortune on a cassette player was in the eighties. thw soon-to-be extinct sacd is next in line for a fade out.

as someone who was in the music business at the time, i can tell you that the cassette player/recorder and the blank audio cassette industry was booming. the sales of lps in some major national accounts was less than 10% of their total prerecorded business. the prerecorded audio cassette had to go, because it was too cheap...there were too many defectives (which the labels had to eat), and was the 'pirating' format of choice. the lp was dying as a format long before cd arrived. 1975 marked the beginning of the end. thousands of lp catalogue titles where cut-out and dumped for pennies on the dollar(more than ever before). that trend continued up until the lp was nothing more than a one stop boutique item for audiophiles. the compact disc cost less to make than a cassette, and as you know, pretty much killed the blank tape industry as well as the cassette deck/recorder business. at the time, recording disc to disc wasn't an option, and the computer was something as big as a room..not a laptop...geez i'm old. still in the business today, and most of our vinyl pressings are less than 1000 units globally.