Re: ASA - clearly muppets
There are three types of music:
1. Studio-recorded, multi-tracked, mixed, autotuned, normalised (i.e. compressed dynamic range to make it VERY LOUD) pop. No point in making that hi-res, since it's all been through a load of computers first and bears no resemblance to original vocals or instruments. I remember students preferred the "fizz" of 128k MP3* to the original CD as that was the sound they were used to!
2. Live rock/pop. Few of the pros can sing or play as well as on their records (the X Factor is unmitigated drivel but at least they have to be able to sing live) and you have crowd noise/stage buzzes so no point in hi-res.
3. Classical recordings. There might be a case for hi-res but it's a small market.
*I can hear that 128k MP3 is a bit crackly but 256k or high quality VBR, with any reasonable encoder, is as good as CD for me.