Samsung's 'Ring Radiator' speakers look strange, but sound pretty good

As a part of that oval design, the WAM7500 and WAM6500 have so-called Ring Radiator technology that blasts sound in 360 degrees, rather than a single direction. If you’re familiar with the compact UE Boom or Megaboom, this concept is similar.

This sounds cool. Is stereo slowly dying for s lot of audio listeners?