MegaUpload Is Now Launching a Music Service Called MegaBox…

MegaUpload Is Now Launching a Music Service Called MegaBox… There’s another gigantic wrinkle in the MegaUpload drama. Not only is MegaUpload fighting tooth-and-nail against Universal Music Group, but they’re now planning the launch of a cloud-based music locker, download store, and do-it-yourself artist service. It’s called MegaBox, and it’s already up in beta with listed partners 7digital, Gracenote, Rovi, and Amazon MP3.
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.”
And there could be more mega-artist deals ahead, of the will.i.am variety. “You can expect several Megabox announcements next year including exclusive deals with artists who are eager to depart from outdated business models.” ito po yung source..
What could you say about sa kanilang comeback?
MegaUpload Is Now Launching a Music Service Called MegaBox… There’s another gigantic wrinkle in the MegaUpload drama. Not only is MegaUpload fighting tooth-and-nail against Universal Music Group, but they’re now planning the launch of a cloud-based music locker, download store, and do-it-yourself artist service. It’s called MegaBox, and it’s already up in beta with listed partners 7digital, Gracenote, Rovi, and Amazon MP3.
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.”
And there could be more mega-artist deals ahead, of the will.i.am variety. “You can expect several Megabox announcements next year including exclusive deals with artists who are eager to depart from outdated business models.” ito po yung source..
What could you say about sa kanilang comeback?

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