@Keith: There are still walkman cassette and cd players. Problem is you have to tote around a box full of cassettes where ever you go if you want to listen to more than a dozen or so songs on your trip to where ever that way. Which is why I like my 4gb Diesel flash drive plugged into the stereo in my truck. It has about 300 songs on it right now and about 3.5gb of free space left. I just haven't bothered adding more music to it in a while. And my cell phone, as crappy as it is, doubles as an mp3 player, with a headphone jack and a 32gb micro sd card, so I can put whatever music I want on it and go anywhere that my truck wont go. Much less bulky than a walkman and a bunch of cassettes. 

The digital age has allowed a lot of artists an avenue to distribute their music and other works for free and get their names out there in ways that were never possible before without some significant investment in cash. Back when I was in high school, had the internet and digital music existed the way it does today, all my friends could have recorded their music for free and shared it with whoever they wanted without having to drum up the $1500 to $2000 it would have cost them to get a handful of demo tapes recorded. That kind of money isn't easy to come by now and it definitely wasn't easy to come by 20-25 years ago for a bunch of teens or early 20s guys recording in their parent's garage. Now you can spend $20 on a stack of 100 blank cds and burn your own album off your pc, if you want to distribute actual copies. Or just create a youtube channel and share links to your work on facebook or twitter and it doesn't cost you a dime. And if you're good, you can monetize your youtube account and even make money off of it, if you can get enough people to subscribe to your channel. You have any idea the number of people that are getting rich just posting videos to youtube? The most popular channels are "Lets Play" videos where they just record themselves playing video games and being jerks and have gathered hundreds of thousands of subscribers and millions of views with every video. Those numbers have resulted in some of the top earners averaging anywhere from $150K to $1mil per month last year, in ad revenue. These kids are getting rich playing video games all day every day. 

Vinyl may be making a come-back but it's not replacing anything digital. It's the nostalgia factor, that's all it is. The articles I've read on it have stated, most of the kids buying it aren't actually listening to it, they're just hanging it on their walls as art. Nothin wrong with that. I often like to buy the collectors edition of my favorite movies games or music, etc, for the artwork and extra goodies that come along with it. When I see a set I like I'll buy it even if I already have the digital version, just for the collector's aspect.