Why was MegaUpload really shut down?
In December of 2011, just weeks before the takedown, Digital Music News reported on something new that the creators of Megaupload were about to unroll. Something that would rock the music industry to its core. (http://goo.gl/A7wUZ)
I present to you… MegaBox. MegaBox was going to be an alternative music store that was entirely cloud-based and offered artists a better money-making opportunity than they would get with any record label.
“UMG knows that we are going to compete with them via our own music venture called Megabox.com, a site that will soon allow artists to sell their creations directly to consumers while allowing artists to keep 90 percent of earnings,” MegaUpload founder Kim ‘Dotcom’ Schmitz told Torrentfreak
Not only did they plan on allowing artists to keep 90% of their earnings on songs that they sold, they wanted to pay them for songs they let users download for free.
“We have a solution called the Megakey that will allow artists to earn income from users who download music for free,” Dotcom outlined. “Yes that’s right, we will pay artists even for free downloads. The Megakey business model has been tested with over a million users and it works.”
Now let’s think, why in the world did Universal Music Group censor Megaupload’s star-studded promo video. Was it in fear of Megabox? Why did they have a weird video filled with a huge number of famous music artists? This is all very fishy, and I would not be surprised that the raid on Kim Dotcom was just a coincidence. yes, he had tons of criminal charges, but how come they could not stop him earlier? Wonder if the Feds are flirting with Universal Music Group, because it sure seems so.