MegaUpload Shut Down Because of Megabox Jukebox Service?

One rumor is now suggesting that authorities had to strike because of possible pressure from the music industry as the service was about to launch a music service called MegaBox that could have enabled artists to give away their music for free and get paid by MegaUpload via secondary revenue that may have been generated by tools such as advertising. Given the size of MegaUpload, at the time of its shutdown the 13th largest website, hosted on more than a thousand servers and more than 1 billion visitors every month, MegaUpload could have been a serious threat in such a venture for the music industry. Keep in mind, this is a rumor, not a confirmed fact.

Even though, the speculation that the music industry was able to convince the FBI to shut down MegaUpload just in time before there may have been an inconvenient iTunes competitor is a spicy exercise. Imagine a service that attracts 50 million users a day and gives away music free of charge, while keeping artists happy. Suddenly you don't need music publishers anymore. Has there been a shady operation in the background? We don't know and I will leave that up to you to decide.

Of course, as it stands, MegaUpload and its sparkling and money-flaunting founder Kim Dotcom (born Kim Schmitz) are accused of mass piracy and there is a good chance that Dotcom won't get away with a slap on his hands as he did when he was convicted of insider trading and embezzlement in 2002 and 2003. Dotcom received a probationary sentence in both cases.

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    Top Comments
  • War on drugs & piracy - never-ending waste of our tax dollars.
    27
  • bustaprI can see both the good and the bad in this, but its mostly bad. Basically the ones that benefit from this are consumers and current artists. But future musicians would have a very hard time getting noticed because of this. for new artists, their success depends largely on being signed.This service would put off alot of people from buying music and publishers will fall. And there will be noone to sign and invest in new bands. Therefore these bands will have to get by on word of mouth alone and gigs. And eventually retire before doing anything big. And then the music industry would be doomed.Im glad this Megabox was never final, but sadly I think its innevitable for another similar service to appear.


    I think you'll find your lines crossed here. Most upcoming artists with anything of note to offer get over looked by the music industry in favor of an ever growing popularity to sign mediocre talent which they can manipulate using auto tune and then continually feed the garbage out to gullible tone deaf people for maximum profit.
    22
  • alidani heard that they were also planning to sell music and given 90% of the money to artists.

    That's 85% more what the record labels currently give to the artists. As always the music industry screws the people and the artists
    18
  • Other Comments
  • War on drugs & piracy - never-ending waste of our tax dollars.
    27
  • wait, isnt that the guy that has the highest score on COD MW3?
    10
  • I can see both the good and the bad in this, but its mostly bad. Basically the ones that benefit from this are consumers and current artists. But future musicians would have a very hard time getting noticed because of this. for new artists, their success depends largely on being signed.

    This service would put off alot of people from buying music and publishers will fall. And there will be noone to sign and invest in new bands. Therefore these bands will have to get by on word of mouth alone and gigs. And eventually retire before doing anything big. And then the music industry would be doomed.

    Im glad this Megabox was never final, but sadly I think its innevitable for another similar service to appear.
    -11