20 years ago people predicted the death of vinyl, 10 years ago, people predicted the death of CDs. These mediums just don't die, it's a weird combination of nostalgia and new age interest.
For some its nostalgia but that in itself is not the only reason, and neither is it really new age age interest (if you mean 20 somethings). I think many miss one of the most important age groups out, that quite possibly is driving this so called revival forward.
They are the people there in the 30-40's starting to have some disposable income that are to young and don't remember there parents listening to records. And/or really only grew up on a diet of digital and analogue cassettes, People like me! My parents owned records but i don't remember them playing them at all and when i was old enough to remember, they'd moved over to CD with a cassette player built into the unit (some JVC all in one, they still have it). Digital was all i knew CD, minidisc ( actually got me in to the hifi game) mp3, flac, wav, DSD whatever you name it, its all i knew and probably many many others
I actually have more nostalgia over those formats then any record (lp, vinyl what ever the buzz word is). I actually only listened to a record for the first time properly a few years ago (as strange as it sounds) since then I've been hooked. Digital to me is boring now, its everywhere its almost like static noise now (actually finding it hard to just listen), sure i have dac and a good one (chord qutest) but i use spotify mostly to find things i like and then buy the records if i really like it the sound. And most of the time its a 2 for, you tend to get download codes which mostly turn out to be CD quality WAV/FLAC downloads (even when they say mp3 on the ticket adding confusion) eg Lana del rays NFR coming with a CD quality download along with the new Foals album and many other recent releases. so actually make more sense to buy the record in some ways.
Any serious listening these days is done on the turntable. And i built a whole system round it with a sugden class A a21 sig, Klipsch heresy3, technics 1200gr with m2 black and a soon to be chord huie on the shelf
and its the best my music has ever sounded and above all the family really enjoys it. the release notes easy to read lyrics and other collectables that come with it. Funky colour discs.
Im not saying its really any better but its not "boring" in regards to keeping my/families attention and we actually listening to a whole album. Digital i don't know we're just not as engaged it difficult to explain but that another discussion for another time.
Records will be around for a long time and so will CD's and im sure there will be a CD "revival", maybe my children will be part of that. But in a day and age where its actually easier to buy a turn table than a CD player why do people wonder why records are always being discussed. Maybe its a conspiracy