• Kim Dotcom: Artists Rejoice, Megabox is Not Dead

    22 Jun 2012, 00:48 by Milkshake8

    Despite the huge upheavals of the last few months, Megaupload founder Kim Dotcom has announced that his answer to the Music Industry’s outdated business model is Coming Soon. The Megabox service will shift The Balance of Power away from multi-billion dollar corporations to the artists who actually make the music. “Artists rejoice. It’s coming and it will unchain you,” Dotcom says.

    December last year, a month before the criminal proceeding against Megaupload became public, Kim Dotcom first revealed his plans to launch a new service to transform The Music Business.

    In a guest post for TorrentFreak, the Megaupload founder described the Megabox project as “..a site that will soon allow Artists to sell their Creations direct to consumers and allowing artists to keep 90% of earnings.”

    “You can expect several Megabox announcements including exclusive deals with artists who are eager to depart from Outdated business models,” he added.