November 29, 2012, 8:55 PM — Here's how you can restore the status bar in iTunes 11.
1. Open iTunes.
2. Click the View option in the iTunes menu.
3. Select the Show Status Bar option.
Voila! Now you can see the Status Bar again in iTunes 11.
For more, see the original article at the link below.
How to Restore the Sidebar in iTunes 11 | Mac Observer