With DVD Audio you can only get 192 kHz sample rate and even that only mono and stereo, more channels and you're limited to 96 kHz. With SA-CD you get more than 2800 kHz, a wider dynamic range (120 dB compared to 96) and a wider frequency range (up to 50 kHz).
DVD-Audio was released 2 years prior to SA-CD, the release of which subsequently made the sales figures of DVD-Audio plummet.
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SACD's wacky 2.8GHz sampling (the codec is called "Digital Stream Direct" aka DSD) uses 1-bit samples (it works completely differently than PCM which is how all other digital audio works).
The problem is that all the equipment used to record and mix these SACDs is PCM-based, so the artists record and mix in the PCM domain and then the mix is transferred to DSD/SACD, defeating the purpose of DSD. Very few albums were made using Sony's DSD technology from start to finish as the equipment is expensive and proprietary and if the vast majority of the market is PCM you have to do a PCM transfer for CD anyway. Further, most audiophiles have combo players that play both DVD-A and SACD, and these players tend to convert DSD to PCM. My Pioneer combo player does this. I do have a stand-alone SACD player from Sony for comparison.
There have been a few titles released on both formats, and while different masters could explain the differences, people generally prefer the DVD-A version. Probably because if the album was recorded in the PCM domain it defeats the purpose of DSD so you undergo a possible PCM->DSD->PCM conversion. Most record companies chose one side or the other. A small number did both. A lot of them did neither. So really, as a fan of high res music you had to buy both, and combo players didn't come along until it was almost over.
Further, it's hard to say "only" 192kHz. Movies are
mastered at 48kHz. The CDs you listen to are 44.1kHz. 96/24 seems to be adequate for presenting maximum quality, and in my high res collection I've only come across 3 192kHz titles (Sinatra and Count Basie at the sands, Carly Simon No Secrets, and Eagles Hotel California) and of course, the higher you get the improvement diminishes.
The 44.1kHz sampling rate on CD was a compromise to make more space available. 48kHz would have been preferred. 24-bit sampling helps. 48/24 is pretty good (and again that's how movie soundtracks are mastered). But going up to 96kHz helps on string instruments, piano, etc. with depth and timbre.
SACD had discs that were SACD on one side and CD on the other. DVD-A could play a limited version on the DVD-Video side and later also came out with dual sided discs called "Dual Disc".
SACD were meant to be played like a CD while DVD-A required you to turn on your TV to select menus and songs, like a DVD-V.
And of course, SACD was a Sony/Philips creation and thus the licensing was expensive; DVD-A was an extension of DVD and was created by the DVD forum. If they could have gotten DVD-A out at the same time DVD-V launched, and if the high-res audio could have been used in Video discs (it can't), IMO it would have won easily.
SACD and DVD-A both died because of their format war. It's not like you imply, that SACD came out and killed DVD-A. Just the opposite, DVD-A came out first and gained a little momentum, then SACD came out and confused everybody and killed all momentum for the entire high res audio market. Both formats failed. Our hope now is for Blu-Ray to take advantage of its high res audio which is just as good as DVD-A (192/24). But there haven't been many Blu-Ray music titles yet. Sadly IMO the industry already doubts the demand for better-than-CD audio and the format war burned everybody -- the artists, the producers, the record companies, the retail channel, and the consumer. Everybody loses in a format war.
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