I think the reason live music is such a 'thing' now is that the very young don't know how good music can sound on a decent system, which does not mean a really expensive system. Just, you know, what we boomers had in our youth, a receiver, a source (then a turntable, now a streamer), and a couple of decent speakers. Used to cost under $500 back then, probably could do it for way less than that amount adjusted for inflation now. Instead they stream from their phone to a crappy $79 BT speaker.
But since they are so used to earbuds and cheap headphones, there does seem to be some interest in higher spec headphones and 2.1 systems like that.