I feel that the AV-receiver market has gone the way of the DSLR market. Compact speaker systems like Sonos (that don't need a separate AVR) simply got good enough. Thus the need for buying a separate AVR to drive your Dolby / DTS / etc. setup has all but vanished except maybe for the most determined audiophiles (and even most of these would do well to simply get a compact wireless speaker setup instead of some monstr…
It all comes down to demand I guess... Most people seem to like Beats headphones or think their Airpods have top quality sound and don't care that $200 headphones exist that blow them out of the water. Most people use bluetooth with low quality codecs that distort the sound. In addition, most people listen to their music on streaming services that compress the heck out of tracks that are already heavily (dynamic rang…
The sound quality AirPods or the Samsung buds deliver are simply very very competent for the price. They’re good sounding, convenient, dependable.
Contrast to the crap you used to get included with your iPod or the entry level IEM’s that were 99% bass and 100% ear pain and snapped cables.
It’s not that people enjoy crap these days. It’s just that previously you needed to spend Onkyo levels of money to get decent sound, and these days a lot less.