MegaUpload founder Kim DotCom has been teasing his latest creation, Megabox and today released a video giving us a first look at the upcoming service which he says will be a legal way for fans to access music and for artists to get compensated via advertising revenue. Dotcom claims the new service will be “unchaining artists and fans.”
Megaupload was shut down by the United States Department of Justice in January of 2012, following an indictment and arrests of the owners for allegedly operating as an organization dedicated to copyright infringement.
A few days after, Kim Dotcom was granted bail and the case has been unfolding all year. The most recent developments have been a New Zealand High Court judge ruling that the search warrants used to raid Dotcom’s home were invalid and also allegations that he was illegally spied on prior to the indictment.
Months after the raid, the fate of the files and data of Megaupload users who used the the service to legally share and manage their files is up in the air, as negotiations to gain access to these again is still ongoing.
Guess we’ll see how the ongoing Megaupload case unfolds and how the recording industry reacts to the new Megabox music service.