It’s a more rewarding thing to own, that’s mostly it apart from specific cases of audio differences which are largely not relevant for newly released music.
A CD is just an inconvenient storage device for the same files you can download off Bandcamp or whatever. A CD is a generic thing that can be created simply and cheaply by anyone, and the physical experience leaves much to be desired. Cheap plastic case that is easily broken, minimal artwork and liner notes, looks the same on the shelf as a copy of Microsoft Publisher 98.
Meanwhile a vinyl record is an almost bespoke item that likely requires the music to be mastered differently to account for the limitations of vinyl, a skilled engineer working the lathe to cut the lacquer that is used to create the stampers that create the records. The records themselves can be in any kind of fun colours if you want. The jackets are large and can have gatefolds to display even more art.
A record is just something that is a bit more special and involves a different experience of owning and listening to it. A CD isn’t far enough away from just streaming the music so isn’t as satisfying to own.
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