Tuesday, January 24, 2012

Music industry takes down MegaUpload.

megabox
Last Thursday the US Justice Department came down hard on Megaupload and its mega founder, Kim Dotcom. In the days since, there has been a shake-up of sorts in the digital storage realm. Several smaller sites have drastically changed their business models. Others, like MediaFire, reached out to me after I published this post attempting to distance themselves from Megaupload.
However, yesterday, a new theory surfaced that indicates Megaupload’s demise had less to do with piracy than previously thought. This theory stems from a 2011 article detailing Megaupload’s upcoming Megabox music store and DIY artist distribution service that would have completely disrupted the music industry.
 Article by: Matt Burns. Rest is here.

So we can say wow, not only can't the music industry have any other sort of competition that can make them lose money, they will also go out of their way to make sure no one intervenes in their plans. Apparently MegaUpload had a upcoming service called "MegaBox" in which artist would get paid to upload their own content and sell it to consumers, not only that people could also get paid by distributing their own music for free, you could get paid y uploading your own free music!. The music industry is not very fond of this, as it can disrrupt their business, this service would allow artist to keep up to 90% of the money which is obviously something you as an artist would definitely benefit from.

2 comments:

  1. well i was really sad on the shut down of mega upload but then i found out www.tawkle.com. it offers unlimited uploads and downloads and is the best place for a music lover like me

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