In any case, going back to MP3 and to 1997, we're talking about one of the most popular and charismatic audio and multimedia players in history. The truth is that in this era, all these changes that are subject to the development and evolution of online technologies take place very quickly, and we've seen how MP3 has moved on from being a physical format killer (mainly CDs) to being killed by music streaming services of the likes of Spotify, Apple Music or Deezer.
The rest of the story is well-known: a revolution in the music industry model that in only a few years, and thanks to the Internet, has changed the business forever.
The latter, born in 1987, was capable of reducing to only a few MB the size of a song thanks to its digital compression system.
Back in 1997 many people hadn't even heard about the existence of the MP3 audio format.