Was this the real reason why Megaupload was closed down?, page 1

Was this the real reason why Megaupload was closed 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. (goo.gl...)

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.

The last thing the music industry wants is there money boat taken away. This could have started a chain reaction where artist no longer needed major labels to represent them while only making pennies on the dollar. Gives all the power to the artist, the last thing someone making money off you wants is for you to realize you don't need them.

---

Please read: Starting a New Thead?
AboveTopSecret.com takes pride in making every post count.
Please do not create minimal posts to start your new thread.
If you feel inclined to make the board aware of news, current events,
or important information from other sites;
*please post one or two paragraphs,
*a link to the entire story,
*AND your opinion, twist or take on the news item,
as a means to inspire discussion or collaborative research on your subject.

Well this is the promotional video Megaupload came out with very recently, the MegaUpload song.



Before watching I thought it was going to be clips of different videos, being that UMG told youtube to take it down. But watching, you see artists took part in making this video.

I understand his past isnt pretty, but this is now, artists were going to get more while the company gets less, artists were for it, I assume members were aware of this and for it. But executives werent

Just adding the text from the OP's link

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. (goo.gl...) 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."

Since i created a duplicate thread, i'll transfer my links here.

S+F OP

plus.google.com...

www.digitalmusicnews.com...

reply to post by WeBrooklyn

---

Thanks for posting that, which is the most important part. I tend to avoid clicking links where I can.

Whenever I would search for streaming anything megaupload would always be at the top of searches so they did have a significant online presence to start with. And yes, this would be a REAL THREAT.

I've been convinced that the music industry is just a big Mafia. Last time I spent a significant amount of time in an HMV I scanned the credits of a bunch of chart CDs. All the same people involved over and over again! These producers make hundreds of millions; they want it all to themselves and they don't want to work hard for it either, at least not by making better music.

A local band where I live is getting zero radio air play here, but was getting radio play in some Southern States. When a local politician complained to radio station management they said point blank (and in violation of actual Federal regulations) that they ONLY play music handed to them by the major corporate labels. Um, these are PUBLIC broadcast airwaves...

reply to post by Alaskan Man

---

no - megaupload was taken down because they are thieves. Simple as that.

CashMusic gives the artists 100% - AND is set up to be a nonprofit so there's no chance of them becoming an evil overlord.

Oh - glorious death to you, oh useless middleman and all your #ing 10% ways.

vimeo.com...

this new documentary is about just that, the power falling back into the artists hands, great movie! I for one am all about getting the money/power away from these suited execs and back to the real artists where it belongs. speaking from personal experience, getting into the music industry has NOTHING to do with talent and everything to do with who you know and how much you can pay them....

Massive Wave Of Resignation From Top Level Bankers. The Elite Are Loosing Their Grip or/and SHTF
  Posted 3 days ago with 187 member flags

The Devil\'s Chord: The conspiracy to open the portal of consciousness and mystery of the octave
  Posted 14 days ago with 177 member flags

[HUGE] 300.000 Organic Farmers Sue Monsanto In Federal Court!
  Posted 9 days ago with 137 member flags

Bank of America DOES NOT accept U.S. DOLLARS as payment on mortgages
  Posted 18 days ago with 85 member flags

The Greatest Conspiracy Ever Known - Tesla, The law of nature and modern existance.
  Posted 6 days ago with 82 member flags

10 People Whose Warnings Went Unheeded
  Posted 13 days ago with 77 member flags

Superbowl Halftime Conspiracy!
  Posted 17 days ago with 75 member flags

Millions of Pounds of TOXIC POISON to Flood US Farmland (READ PLEASE)
  Posted 1 days ago with 74 member flags

Newest topics, updated in real-time:

Newest topics getting flags, in real-time:

Newest topics getting replies, in real-time: