Does the emergence of the digital download signal the end of the music industry

I feel that the emergence of digital download both does and does not signal the end of the music industry. The way it does is by taking the profits off companies, leading the artists not creating new music. The business is becoming smaller because of this. I also believe that it does not signal the end of the music industry because it is like all technology; it was felt that the cassette was the new big invention and then the compact disc. People felt these were the end of the music industry leading to anti piracy campaigns, but in realism they did not leave a massive effect on the business, and that it is the same today with digital download. Technology will keep on improving and in the future it may go past digital download which will just lead to more myth of the end of the music industry.