There are still some younger people who are into the hobby. It's just rather expensive to get into. I am 26 and got my college roomie Bcos17, who is 25, into the hobby.
I do think, however, that there is a movement toward smaller setups and gear that serves dual purposes. The younger generation did not grop up on viynl for the most part. They grew up with CDs and DVDs so I don't think it's any big surprise that the industry has moved more in that direction.
I think most young people are fairly ignorant as to what good sound really is. Many think loud equals good. Many are rather impatient too (instant gratification generation) and are unwilling to take the time to figure out what combinations of equipment are good, how to set the speakers up properly, and set the room up correctly to maximize the sound.
Regardless, listen to the recording quality of many of the "top 40" hits and I think it's easy to understand why many younger people would have no interest in investing in better gear.
I do think, however, that there is a movement toward smaller setups and gear that serves dual purposes. The younger generation did not grop up on viynl for the most part. They grew up with CDs and DVDs so I don't think it's any big surprise that the industry has moved more in that direction.
I think most young people are fairly ignorant as to what good sound really is. Many think loud equals good. Many are rather impatient too (instant gratification generation) and are unwilling to take the time to figure out what combinations of equipment are good, how to set the speakers up properly, and set the room up correctly to maximize the sound.
Regardless, listen to the recording quality of many of the "top 40" hits and I think it's easy to understand why many younger people would have no interest in investing in better gear.