Maybe. But the garbage and dreck they routinely put out could also be a contributing factor. A typical CD these days has one, maybe two tracks that are worth listening to. The rest of it is trash. So I'm paying 20 bucks for one or two songs.
I can see the music industry's point about copyright protection, but it sure would be nice if THEY would see the customers' point about the shoddy product and treatment that we're being asked to pay for.