Making more money makes sense regardless of what year it is.
Again, no offense, but this sums up the myopically naive thinking by many here.
It's not as simple as "make 2,000 copies and sell them for $30 and make $60,000". There are also costs in putting out a physical product - costs of production, costs of inventory, legal costs, administrative costs, middle man costs, retailer costs, promotional costs, returns, etc. And the fewer the number of units, the smaller the economies of scale.
So what is the actual profit for the label on that $60,000 in revenues? 10 or 20%? Maybe? What is the artist's take on that $60,000? 10 or 20%? Maybe? And that's not taking into consideration compensation for the time and effort they may have put into a physical release. Then there is the opportunity cost of fewer streaming subscriptions - which is a semi-perpetual and evenly spread out revenue stream. For a physical copy, you get revenue once and then you have no control whatsoever after that. With streaming, the one time revenue MIGHT be less, but it's perpetual and you have a far greater control over the product....your product.
Why do you think software companies have moved away from selling you a copy of their software and instead renting it to you via an annual license - or make the purchase option expensive, unupgradable, and lacking extras? And as much as folks romanticize music and think it should be shared with the people - in the exact form they want it - it's the music BUSINESS. And from a business perspective, music is just software.
In the end, physical discs - particularly surround discs in 2023 - are basically a labor of love for labels/artists. Some are okay with it; most aren't. It's not puzzling at all that we're seeing so few surround physical releases or, when they do happen, they're maximizing their profit by bundling them as carrots (with, yes, vinyl) for a high margin premium product.
If people want to complain for catharsis, great. But, by and large, you're yelling at speeding trains.