I'm not crying about this, BTW, I'm merely pointing out that the death has started. For fucks sake, I don't even really LIKE making records as much as I like writing and performing music with a group of people, so personally I'm enjoying these transformations.
The point I'm making is, is yes, the music industry is dying. Something else will come along and replace it. Music won't die, but whatever we've become accustomed to over the last 80 years is quickly disappearing.
Again, claims that this isn't happening are misinformed.