hint - the industry is doing EXACTLY what (most) consumers want. there is a big difference between what a consumer tells you they want, and what actually they pay for
This is anecdotal at best; "those guys" will be using hard data just like tech bros with ecommerce sites do, and the data does not lie.
Compression sells better than high dynamic range else they would have stopped. This is true for every "nobody likes this" statement people make on the internet about things that are commercially successful nevertheless. Big phones (as someone else mentioned), mobile games, video game movie adaptations, AI music, Marvel franchise entries, funko pops, they're all running circles around people that don't personally like it and who are in circles of like-minded people.