[Apple iPod] "I Tunes Library.itl cannot be read" ?????

I have had I Tunes for a while and recently downloaded and installed
the latest version but now I Tunes will not run.

I receive the following message from I Tunes

The file "iTunes Library.itl" cannot be read because it was created
by a newer version of iTunes.

What do I have to do to correct this?

I have 8 GB of music files I cannot access.

"A successful marriage requires falling in love
many times, always with the same person."
-Mignon McLaughlin

gene@ehrich.com

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