Megaupload.com Gets Hit By Mega Piracy Indictment

[Daseal]

Rumor has it that the impetus to shutdown MegaUpload came from a source other than the piracy. They were in beta of a new MP3 service that cut record labels out of the loop. The artist directly uploaded, got 90% of the profits, and were even compensated when the megaupload service gave songs away for free (I'm sure a flat fee vs. download, but still).

A service like that would render labels useless. Although, it may be harder for new artists to get professional grade sounds without the backing of a label, but I'm sure something could help fill that role. Maybe a label that ::gasp:: changes with the technology.

Links:
Digital Music News - MegaUpload Is Now Launching a Music Service Called MegaBox...
https://plus.google.com/u/0/11131408...ts/HQJxDRiwAWq

Seem to use the same source, but found the first link from the 2nd. Preparing for another semester of school by giving ALL THE LINKS!