TweakTown
Tech content trusted by users in North America and around the world
5,672 Reviews & Articles | 36,054 News Posts

Kim Dotcom promises that Megabox will launch this year

MegaUpload founder, Kim Dotcom, promises that his new music service program, Megabox, will launch la

| Software News | Posted: Aug 13, 2012 5:26 am

It looks as though the MegaUpload problems aren't stopping founder Kim Dotcom from getting right back into work, with the biggest hint that his new music program has not been delayed and will arrived later this year. The new hint comes from a tweet from the man himself, and is talking about Megabox.

 

TweakTown image news/2/5/25265_05_kim_dotcom_promises_that_megabox_will_launch_this_year.png

 

I'm sure you've heard of it, but if you haven't, Megabox will be a music service that allows artists to sell music directly to its users. The last time Dotcom talked of Megabox was back in June, where he told Torrent Freak that:

 

You can expect several Megabox announcements [in 2012] including exclusive deals with artists who are eager to depart from outdated business models.

 

But, with this latest tweet, we can pretty much be guaranteed we'll see Megabox land this year. During a guest post for Torrent Freak, Dotcom described the aims of Megabox in his own words, where he's said it's going to be a disruptive music service, and will anger those within the industry itself:

 

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 direct to consumers and allowing artists to keep 90% of earnings.

 

We have a solution called the Megakey that will allow artists to earn income from users who download music for free. 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. You can expect several Megabox announcements next year including exclusive deals with artists who are eager to depart from outdated business models.

NEWS SOURCE
Thenextweb.com

Related Tags

Further Reading: Read and find more Software news at our Software news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below