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In December of 2011, just weeks before the takedown, Digital Music News reported on something new that the creators of #Megaupload were about to unroll. Something that would rock the music industry to its core. (goo.gl...)
I present to you... MegaBox. MegaBox was going to be an alternative music store that was entirely cloud-based and offered artists a better money-making opportunity than they would get with any record label.
In December of 2011, just weeks before the takedown, Digital Music News reported on something new that the creators of #Megaupload were about to unroll. Something that would rock the music industry to its core. (goo.gl...) I present to you... MegaBox. MegaBox was going to be an alternative music store that was entirely cloud-based and offered artists a better money-making opportunity than they would get with any record label. "UMG knows that we are going to compete with them via our own music venture called Megabox.com, a site that will soon allow artists to sell their creations directly to consumers while allowing artists to keep 90 percent of earnings," MegaUpload founder Kim 'Dotcom' Schmitz told Torrentfreak Not only did they plan on allowing artists to keep 90% of their earnings on songs that they sold, they wanted to pay them for songs they let users download for free. "We have a solution called the Megakey that will allow artists to earn income from users who download music for free," Dotcom outlined. "Yes that's right, we will pay artists even for free downloads. The Megakey business model has been tested with over a million users and it works."
Originally posted by MrAndy
I don't know where Megaupload comes in to play there, but I do agree that artists are starting to recognize that they don't need recording labels who are taking way too much of the pie. I believe there are several bands who have found success without a major recording label, and I know that recently the comedian Louis C.K. released a wildly successful stand-up album that he put together himself.
Originally posted by Cassius666
I heard from a friend many of the peole invovled with megaupload were involved with the drug trade as well, so megaupload was taken down "while they were at it" busting druggers.
Originally posted by MrAndy
I don't know where Megaupload comes in to play there, but I do agree that artists are starting to recognize that they don't need recording labels who are taking way too much of the pie. I believe there are several bands who have found success without a major recording label, and I know that recently the comedian Louis C.K. released a wildly successful stand-up album that he put together himself.
Digital Music News reported on something new that the creators of #Megaupload were about to unroll.