I do believe that the pop industry is dying. I believe that pop music was the 90's and now it just isn't what it used to be. There are small spurts of very large pop stars now from time to time, but it is so inconsistent. I believe that the pop industry is slowly starting to dwindle away.
Pop music is alive and well! Turn on the radio and scan through the stations. Many of them play pop music. Go to itunes and look at the top songs or albums purchased and you will see that many are from pop artists. Go to a pop artist's concert and check out the stadium- often sold out. There is no way pop music is dying!