Living in the sticks as I do, internet is very limited. So the few movies I acquire movies I do so on dvd, but music mostly streamed on iTunes. Except when I’m in a thrift store and see music CDs for $1 - $3, in good shape. Those I rip to my iTunes library.
For music yes, but for ministry (sermons) and such CD is still far from dead. One ministry only releases certain content on CD and not on the web.