Why MegaUpload REALLY had to go! - PS3Hax Network

ElSalvatore · 01-24-2012

Just stumbled upon this little "reviev" of a Google+ User, saying why MegaUpload was such a big threat for the US music industry.

I think we all knew that there was more behind the accusations of MegaUpload founder Kim Schmitz.
Because if not, then Rapidshare and all the other filehoster would have been ****ed to!

So here's what she says:

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."

Source: https://plus.google.com/u/0/11131408...ts/HQJxDRiwAWq

Pretty frightening how much influence the UMG really has. Showing that this influence is not only limited to the US - it's worldwide!

/toto67 · 01-24-2012

very interesting posting, thanks for share it.

screwhead · 01-24-2012

Yes, I feel the the Mega Box is one of the reasons why this has happened, but I'm sure there are several reasons though. "If I see further it is because I stand on the shoulders of giants." Sir Issac Newton

garrettcorn · 01-24-2012

well i just want mega back

interesting read though..

01-24-2012	#2
/toto67 Member Join Date: Jun 2009 Location: TEAM psXtools.de Posts: 83 Likes: 152 Liked 34 Times in 22 Posts Mentioned: 0 Post(s) Tagged: 0 Thread(s)	very interesting posting, thanks for share it. __________________ CECHA00 (europeanized) 750GB REBUG 4.30.2 REX, PS3 Switch/Swap Mod - YouTube CECHA12 (europeanized) 160GB REBUG 4.21 REX, (bricked/needs new Flash), CECH2500B 60GB REBUG 4.30.2 REX

01-24-2012	#3
screwhead Senior Member Join Date: Sep 2011 Location: Ipanema Posts: 1,234 Likes: 575 Liked 266 Times in 191 Posts Mentioned: 43 Post(s) Tagged: 0 Thread(s)	Yes, I feel the the Mega Box is one of the reasons why this has happened, but I'm sure there are several reasons though. "If I see further it is because I stand on the shoulders of giants." Sir Issac Newton __________________ I pray to die in space. So cover me in snow.

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Why MegaUpload REALLY had to go!

01-24-2012	#4
garrettcorn Member Join Date: Feb 2011 Location: America Posts: 143 Likes: 67 Liked 28 Times in 21 Posts Mentioned: 6 Post(s) Tagged: 0 Thread(s)	well i just want mega back interesting read though..

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