Why not magnetic tapes in stead of vinyl records?

My understanding is that previously, original recordings were captured on magnetic tapes. The recording is then transferred to a metal stamper, which then creates the vinyl records we use at home. But, why don't they just copy the magnetic tape to other magnetic tapes and sell us those? I mean the same size and everything that the engineer uses. Then, audiophiles (at least some) would have nice magnetic tape players in stead of turntables.

I know people did use reel to reel for some time. I remember cassettes. But I don't believe people ever had an interface to play the big magnetic tape reels at their homes.