It seems that majority/most people, given a chance. tend to prefer the sound of LPs to the way CDs and digital files sound. Still, a lot of people are not prepared to make the plunge into the vinyl world, for a number of valid reasons (cost, inconvenience, etc.)
On the other hand, there are a lot of claims that if one were to record a good LP playing on a good turntable, and then turn that recording into a good old 16 bit/44.1 kHz FLAC or AIFF or WAV file (the so-called Red Book format), all the charming qualities of the vinyl playback would be impeccably preserved for posterity. The argument furthermore goes that the reason people don't seem to prefer the CD sound is because CDs tend to present more faithfully the actual sound of the original master tape. When master tape gets converted to an LP, the turntable playback adds all kinds of sexy coloration etc., rendering that playback more seductive to human ears. All that charm is gone when converting the master tape to CDs, because CDs are 'perfect sound forever'. Well, it turns out human ears do not really dig that kind of perfection.
If that's the case, why don't music industry switch to the so-called 'needle drop' production? Meaning, when planning to reissue a classic album, why don't they digitize it by playing the good LP copy on a top flight turntable, and then encode it into the Red Book digital format, and then cut the CDs?