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

In effect the music industry is a multi corporation that is ever present and on going. Downloading from the internet does to some extent rob the industry of some profit but it still does not prevent them from making millions yearly on overpriced CD and digital download sales. I also believe in the concept of the honest customer which is a situation where a person downloads music "illegally" from limewire or bittorrent but at the same time buys albums from shops or from itunes, particularly from artists they think deserves the profit and wish to pay the prices of the industry, therefore so long as the concept continues the music industry can't exactly end. I highly appreciate Ian Condry's comment: "downloading music is ethical provided we support the artists who listen to." Though in a sense, artists can be heavily hypocritical as some of the most famous modern artists started their careers using free distribution do make their music well know, but once they become famous they are against it. Despite the moral question behind downloading I do not believe it spells the end of the music industry.