Young has long argued that the mp3 format offers just 5% of the fidelity that consumers can experience from vinyl and other playback options, and questioned why larger 'lossless' file types are not dominant.

"If you take a 2192 file - the highest res recorded music today - and you compare that to a vinyl record or analogue tape master, they're both pretty similar [in sound quality]," Young told an audience at All Things D's Dive Into Media conference on ...