Back in the day when LP's ruled the media world, these same complaints were constantly being heard
Yup, in those days you had to buy Japanese pressings and 12" 45 rpm (for clubs) of all the vinyl pop music if you cared about quality (enormous differences compared to regular vinyl). Both LP's and the small 45's were often made 'hot'. The CD Loudness wars has, however, taken this to a whole new extreme level of compression.