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Megaupload shut down by US officials

Don Crack

By Don Crack
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Francis Coquelin
Francis Coquelin
Kurtis
Kurtis

you man shoul try buying the content

imhim
imhim
Hideandseek Newbie

Hideandseek

Posted
Posted

Just read that Flogo,

Free dotcom! seem's like a cool guy.

In 2001, Schmitz purchased $375,000 worth of shares of the nearly bankrupt company LetsBuyIt.com and subsequently announced his intention to invest €50 million in the company.[19] Unknown to others, Schmitz did not have the funds available to invest, although the announcement caused the share value of LetsBuyIt.com to jump by nearly 300%.[20] Schmitz quickly sold the shares and profited $1.5 million as a result.

LOL.

Lmao man was a hustler from early.

/

There's money to be made from this new market defo. Whoever can come up with the next paid service that delivers will be gwapped up if they can avoid the Feds.

Yeah for sure,

I was reading about this, need a couple hunder grand to a million plus investment...

Think Megaupload had like 1000 servers and pretty much their own ISP.

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rnbizzle Newbie

rnbizzle

Posted
Posted

https://plus.google....sts/HQJxDRiwAWq

Why was MegaUpload really shut down?

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."

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filesonic gone (kinda)

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