The thing about physical media formats is that it doesn’t have to be “superior” for you to want it.
For example, I have a VHS and VCD collection. I know these are inferior formats compared to DVD or Blu-Ray.
But have you ever seen Blade Runner on VHS through a CRT? Have you ever seen Ghost in the Shell on VCD through a projector?
I have, and they’re amazing experiences I would not trade for anything.