The music industry NEVER addressed wide complaints about value for money.
Last time I recall this being discussed many years ago, cost of producing a CD was just pence. Royalties to the artists about £1 sale price in the shops £10 if you were lucky, if not more.
No wonder people started looking elsewhere for their music.
Had the price of cd's followed most consumer products slowly down in price, I'll bet the main CD's would all have been on sale <£5 by now.
So while it's sad to see them go, I don't have a great deal of sympathy for the profiteering way the "music industry" has been run in the past.
I do occasionally buy cd's but always now on line for 2 reasons. First I can shop around for the best price, but second, shopping is and never has been an activity I enjoy. I hate going into the city where you have to pay to park and then walk miles. What shopping I do is in the small towns or out of town, and there never have been any music shops there. In days gone by, it was always a chore to get to a music shop when I wanted to, so not having to became a blessing.