On the contrary, I think the Internet and iPod (and portable digital players in general) have saved the music industry. After all, I'd hardly expect the kids these days to drag around a Walkman with a pile of cassette tapes. Or Minidiscs (I loved my Minidisc player as a kid). Maybe we should all just go back to wind-up gramophones?Well let's hope the vibrant music industry it and the internet killed will now return, but it won't.
Why do you think the Internet killed the industry? It's weakened record labels to some extent but if I look out there, there are more artists creating music than at any point in Human history and it's just there. I don't have to traipse around a record store looking for the last copy of some 7" single. Instead, I can go on iTunes and buy the track straight away. Sure, the individual margins are smaller - but the potential purchase volume is so much higher and the cost of reproduction is essentially nil.
It's not the Internet's fault that all of the major labels completely failed to react to a new business paradigm. Apple created the iTunes store in 2003 (others did similar ventures) and made an absolute killing on it. Why? Because none of the majors had even thought to do something like that and instead spent years afterwards still trying to push physical sales - cutting off their nose to spite their face.
@criz p. critter Adobe issues are one of the few things that make me shudder when I get them at work. Absolutely awful software.