As someone who is relatively young (36), and a long time member of this forum, I have to say that yes, High End is doomed. None of my friends in my age range are into this hobby, and the high prices of gear are a definite turn off to younger people/millenials. Even I don't spend much money on gear, I tend to stick to budget components and have rarely spent over $300 on a single component. I tend to buy mainly on audiogon and other forums. I haven't so much as walked into a B&M audio dealer in 14 years.
Oppo Ceasing production
Just visited Oppo's web site. They are ceasing production of all their products and will only do warranty work and firmware support for their products. They no longer have the resources to manufacture new products. Didn't see this one coming.