It’s no more dead than vinyl was 15 years ago. Not everyone makes CDs these days but plenty do.
Vinyl has outsold CD's in dollar terms for years now, and for the last several has sold more in raw units as well.
I was off by a year or two. Point still stands.
https://www.statista.com/chart/12950/cd-sales-in-the-us/
CD sales have declined, yes, but the perception is a bit skewed because CD sales dwarfed vinyl even in its best years.