I still buy the occasional album from iTunes but I've found a lot of new albums have got too expensive recently. It's often the same price or cheaper to buy it on CD so I'm happy to get the physical copy and rip it myself. I'm even happier when it's cheaper from Amazon and it comes with an instant AutoRip download.
That´s what I do as well...
As someone with many thousands of CDs (and still some 1000 LP) I started late (2011) with ripping in FLAC on NAS. Still being CDs and SACDs (preferring the oldest versions of the Albums) because with the beginning of the mp3 era not only the mp3-files but also the Cds have been "remastered" by compressing them and so destroying any dynamic part of music.
For more information look here:
for a first understanding of the problem:
The last one is a perfect lesson for what happened with music: It´s now mostly crippled.
I am not at all against mp3, but I hate nowadays over-compression which KILLS music.
The wonderful digital age gave us 100 dB of dynamic range from about 40 dB in the Vinyl era. And what are they doing since the beginning of iPod ? They are compressing music down to just 4-6 dB!!
Back to iTunes and Streaming:
Since some months I use also Deezer when searching for new Music/groups or when I am on the road... Like it more than Spotify. high-level mp3s and there is a rumor that they even will start soon with lossless files (FLAC). I will love to pay for that.
The market will change now radically: mainstream-people will only do streaming, people wishing to hear authentic, not-crippled music will nevertheless generate a market niche of music lovers who mostly hear also with semi-Pro equipment.
In some years shops like iTunes will melt down because there are clear advantages in comfortably streaming music - this change will be much more radical and much more faster than that from CDs to non-physical file-selling via internet BUT: I hope the loudness war will soon cease and natural dynamic will get back.
Music is too important to cripple it.
So - I´d like to have lossless streaming of non-crippled natural recordings with full natural dynamics...