Yes. Not to mention, I have several crates of records that I've had since the 90s. Some of those were taken from my dad collection that he bought new back in the 60s. Those albums still play just fine, despite less than archival care taken.
Contrast that with several folders of CDs I still have which have begun to delaminate and are plastic trash now. CDs were largely an invention to allow record companies to resell back catalogs, and it worked.
I meant CD quality audio, as in 44.1 KHz/16 bit digital files, not specifically the CD physical medium. It's an old invention and still fulfills every playback need possible, let alone for old audiophiles who long stopped being able to hear the highest frequencies anyway.