The industry has again had a record loss in sales. The reason bigwigs give for it: song piracy online.
Uhm... morons? The record sales year you had in 2000? That was before you attacked Napster and MP3s!
David Bowie in interview has spoken in a more intelligent form: he said essentially that in 10 years, copyright for music will be obsolete. The music industry has to accept that and find a new way to do things, or it'll be extinct too.