Laserdisc used analogue audio encoded on disc for laser pickup. It was FM modulated. But it looked like a CD and a record and you could argue it combined the two technologies. However, as a format it predated CD by a couple decades.
Will keep my eye on this and how the released format is taken up. Interesting that in some of the articles it mentions major record labels being involved. Also of interest that Bob Dylan recently sold all his music rights and is now investing in a new format (call me cynical😉)
Good point @Analogmusic , however it says in one of the articles that Dylan re-recorded music for the format, which implies it will only be for new music, or maybe existing analog recordings.
If I read between the lines, this appears to be single disc capture of an analog recording, which maybe could be used by record companies as an archive alternative source to tape…
How the record company distributes could therefore still be vinyl format, or transfer to digital (I guess).
Still an interesting concept however, time will be the revelator on how it progresses.