Sat 21 Jan, 2012 09:34 am
Funny that there's be no mention within two or three days of the US govt. operation against MegaUpload on a site like A2K... A few starting points:
"According to Digital Music News, Megaupload's new venture, MegaBox, is a "cloud-based music locker, download store, and do-it-yourself artist service." So far, partners of MegaBox include 7digital, Gracenote, Rovi and Amazon, the world's largest online retailer. Megaupload founder Kim Schmitz said Universal "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."
90% for the artists - That would have had an impact on the greedy Universal Music and other Record Labels. So they used their dirty connections and had it shut down.
I mean, I've always assumed that Peter Tchaikovsky and Richard Wagner wouldn't give a rat's ass about me downloading their music, but nobody should feel safe here until Bork Obunga and the dems are gone in January 2013.
A bit more of the story which the one FR poster mentioned:
Actually, this is technically a relaunch of an earlier concept, and a perfect re-stab at major label opponents. "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 this week.
In other words, another entry into the very crowded DIY space. But there's a lot more to this story. Instead of charging artists, Schmitz wants to pay artists - even for free downloads. "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."
There is in fact a disturbing similarity between this and the action of the US government in overthrowing Libya's Muammar Khadaffi, particularly if you accept Ellen Brown's interpretation of the motives wrt Libya:
In other words there appears to be a pattern of Bork Obunga using the power of the US government up to and including our military for the benefit of his financial backers.