IT coupling dates back to the 1920’s Atwater Kent and radios of that vintage. Like field coil loudspeakers, it is the oldest form of coupling of all. But transformers have always been labor-intensive and expensive (going right to the beginning of electronic amplification), so when coupling caps became practical in the late Twenties, ITs mostly went away, although Western Electric and high-end radio builders used them as late as the end of the Thirties.
What pretty much ended them in all applications was the universal use of global loop feedback, with the landmark Williamson of 1948. You can wrap feedback around one set of coupling caps and an output transformer, but two transformers are out of the question. So IT coupling was moribund until zero-feedback amps saw a comeback in the early Nineties.
In the mid-Twenties, the only signal source was AM radio. Electrical phono pickups were just coming on the market, and movie sound was brand-new and experimental. By the mid-Thirties, movie sound was universal, with a bandwidth topping out at 8 kHz. Electrical phonographs could reach 8 kHz, but users often used "scratch" filters to soften the sound of noisy shellac 78’s. AM radio reception could go higher, but people often used the narrowband setting to get rid of interfering whistles from adjacent stations. The only truly wideband source was the Armstrong "Yankee Network" of FM stations in the 42~50 MHz band, which was limited to a few stations in the Northeast. These were the only FM stations in the world, and could be received by the high-end radios of the day.
It was only in the postwar years that wideband (30 Hz ~ 15 kHz) sources became widespread, with LP records in 1948, pre-recorded tapes in the mid-Fifties, FM broadcasting in the postwar 88~108 MHz band, and 70mm movies with magnetic soundtracks in surround sound. By then, all amplifiers were medium to high feedback designs, and used RC coupling throughout.
Modern wideband transformers were in studio use from the early Fifties, and the triode designs of the early Nineties opened the market for more unusual products, such as interstage transformers. True, it’s a 1920’s technology, but they didn’t have modern bandwidths back then ... the recording technology was unforeseen and decades in the future. What we hear now, with our ultra-wide band, ultra-low distortion sources, is a brand new sound, running through new-tech devices.

