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!

[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.

[mooby]

Originally Posted by Dirtbag59

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.

I'll second that. They need to adapt or die. There'll never be a shortage of ways to keep earning revenue. It's sickening that these idiots could potentially be setting our society back when we already have assloads of problems as it is.

[Dirtbag59]

Originally Posted by mooby

I'll second that. They need to adapt or die. There'll never be a shortage of ways to keep earning revenue. It's sickening that these idiots could potentially be setting our society back when we already have assloads of problems as it is.

I'm past the adapt part. I'm actually convinced now that we'll be better off if the Big 10 (6 studios and 4 record companies) go out of business completely.

And speaking of adapt or die the NFL isn't much better. They've throughly abused their anti-trust exemption with their exclusive DirectTV deal. When high quality streams become the norm they'll probably want Patriot-Act like powers as well instead of trying to provide legitimate services that let fans watch the damn games.