Apparently after a little reading around this is what happens when iTunes starts but your network drive is not mapped properly.
You will need to change your default folder back to the network drive you originally had it pointed at.
To do this launch itunes and then point it to the new location (preferences, advanced tab).
alternately, launch itunes with the alt key down and choose the new location that way. Source
I also found a VBS script to run when starting iTunes, it maps the network drive and only then launches iTunes. You could modify it with an if statement to only launch iTunes if the network drive is mapped and simply end if it cannot map the drive, but thats up to you. You will however need to modify the variables at the top to match your setup:
' Variables that hold drive letter to use, network path to map, and itunes program executable path
MAPPED_DRIVE_LETTER = "v:"
MUSIC_NETWORK_PATH = "\\Gamepc\ipod jukebox"
ITUNES_PROGRAM_PATH = "C:\Program Files\iTunes\iTunes.exe"
' Setup shell to run command line with windows
Set WshShell = WScript.CreateObject("WScript.Shell")
' Execute the drive remapping command, and wait for it to complete
returnVal = WshShell.Run("net use " & MAPPED_DRIVE_LETTER & " """ & MUSIC_NETWORK_PATH & """",1,True)
' Open iTunes
WshShell.Run """" & ITUNES_PROGRAM_PATH & """"
Simply replace the iTunes shortcut with this vbs file and it will check the network drive is mapped and then start iTunes. Source is here: tinyurl.com/2bvxqzd
What is the OS? Mac or Windows? – user151019 – 2010-10-26T08:11:42.150
Windows 7 64 bit. – RCIX – 2010-10-26T08:19:35.403