Megaupload.com Gets Hit By Mega Piracy Indictment

[Dirtbag59]

Originally Posted by 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!

Wow, yeah God forbid a business change with the times. I really hope Megaupload wins their court case and gets back online. I'm starting to think that for the sake of the internets evolution the MPAA and RIAA need to go out of business.