The question also could be posed in the past tense as, "Why wasn't BNC more common before for audiophiles?"
Today, between (a) streaming over ethernet or Wi-Fi and (b) and the portion of the community that has taken up upscaling using ethernet or I2S via HDMI cables, I'd be surprised to see BNC much longer in audiophile gear.
The exception to that might be any product that sells a fair portion of its volume in Japan, where BNC was more common.

