The story, of course, is nonsense.
It may have some validity for popular stuff, but not for my taste. Much of my collection on cd (older music, 13th c. through baroque) is not available as downloads (poor quality!), sparsely handled by libraries and rental companies available to me or not in their hands as all, and wanted for repeat listening. Moreover, as mentioned in a preceding post, the notes and librettos provided with the discs are essential.
I purchase from multiple sources, often receiving best service and selection from UK online sellers.