February 07, 2012, 11:00 AM —
Conspiracy Alert! Was MegaUpload clobbered to stop upcoming legal service, or is founder Kim Dotcom blowing smoke?
Just before being shut down, MegaUpload announced their plans to release MegaBox, a legit music locker with downloads for purchase. Founder Kim 'Dotcom' Schmitz, just after Universal Music Group forced a video by various artists extolling MegaUpload be taken off the Web, promised he was about to release a legal jukebox service that would allow artists "to keep 90 percent of earnings." A few weeks later, MegaUpload was raided and Kim Dotcom jailed.
MegaBox, beta tested with partners 7digital, Gracenote, Rovi, and Amazon MP3, uses a solution called Megakey that "will allow artists to earn income from users who downloaded music for free," according to Dotcom. Since MegaUpload had about 50 million active users and accounted for about four percent of all Internet traffic, they had the platform to create a music service to seriously compete with established record companies. Until they were raided, of course, which led to the conspiracy theories.
Entire Music industry is a monopoly and they want to continue it, its as simple as this.
Hardik Desai on techcrunch.com
Megabox would work
Megabox just went live a month ago. check out this quote from billboard.biz: "If Megabox has any advantage it is the ability to tap into Megaupload's existing base of some 50 million users."
Chris Messina on techcrunch.com
I just signed up for MegaBox, and I like it!
Gregil10 on digitalmusicnews.com
No conspiracy here, folks, move along
The shutdown of MegaUpload was the result of an FBI investigation that took place over the last two years.
Benjamin Popper on techcrunch.com
Schmitz also pleaded guilty to embezzlement in November 2003 and received a two-year probation sentence.
naamah on digitalmusicnews.com
One of the top-19 pirates **AND** launching a music service site. Interestring strategy. Screw the artist on both ends.
sam@Projekt on digitalmusicnews.com
Vote now: MegaUpload clobbered to prevent the launch of a new music service, or conspiracy theory spun by a shady Kim Dotcom?