MegaUpload.com Founder To Launch New Service By December 2012
It looks like the FBI may end up losing the case against Megaupload.com founder Kim Dotcom. The feds want him extradited from New Zealand but officials there are adamant that the strength of the feds’ case is week and refuse to budge.
So what is a brash (yet eccentric) entrepreneur to do? Start another service, of course. This is what Kim Dotcom is looking to do and this time it looks like he’s taking no chances and plans to move along the straight and narrow.
Kim Dotcom had hinted as far back as December 2011 that he plans to launch a disruptive music service called Megabox.com and it looks like plans and the execution are almost there. In a tweet highlighting the progress of things, Dotcom said, “Quick update on the new Mega: Code 90% done. Servers on the way. Lawyers, Partners & Investors ready. Be patient. It’s coming.”
By Dotcom’s own admission, Megabox will aim to put the power back in the hands of artists who by using his service will get to keep 90% of their earnings. The mention of ‘lawyers and partners’ in his tweet suggest that Dotcom is keen to avoid the piracy and copyright infringement charges for which he’s currently wanted in the U.S.
Dotcom seems also to have a penchant for flouting the law and it looks like Megabox.com will hit the web round about the same time that Megaupload.com gets a rebirth. Things will be very interesting come December and we here at SiteTrail will keep you posted.