the file i tunes library.itl cannot be read beacuase it was created by a newer version of i tunes, what can i do??
shall i use older version than the one im using or newer version?
To solve this issue, please uninstall and re install the latest iTunes 10.6.1
Hope this works
Finally (after extensive searching) found a solution for you my friend:
1) Open Finder,
2) On the top right search box enter .itl
3) Move to trash all the .itl Files you see then restart your iTunes, and your iTunes is back to you.
Hope this works buddy.
Retrieving data ...