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USA EditionYou are located: Home > All News > Business, Financial & Legal News > Megaupload founder Kim Dotcom announces a new music streaming service

Megaupload founder Kim Dotcom announces a new music streaming service

By: (more) | Business, Financial & Legal News | Posted: Jun 25, 2012 10:10 am

Founder of Megaupload, Kim Dotcom, has just announced through his new Twitter account "Megabox". Megabox is destined to become a new music discovery and sharing service, and is being worked on all while he's still under arrest.

 

megaupload_founder_kim_dotcom_announces_a_new_music_streaming_service

 

Dotcom has said that Megabox would compete with platforms such as Spotify, and would let artists keep almost 90-percent of the profits made from their music. It's a pretty big change, going from Megaupload, being put under house arrest, and announcing a Spotify-like music service.

 

Just before the Megabox tweet, Dotcom uploaded a photo of himself and Apple founder Steve Wozniak, who visited Dotcom in New Zealand. Wozniak is a supporter of the Electronic Frontier Foundation (EFF), who are suing the Federal Bureau of Investigation over the files on Megaupload's servers, where the EFF argues that the site's users have a right to access.

 

megaupload_founder_kim_dotcom_announces_a_new_music_streaming_service


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