Megaupload founder Kim Dotcom is coming back, with the biggest hint that his new music program has not been delayed and will arrived later this year.
Kim Dotcom tweeted:
Megabox will be a music service that allows artists to sell music directly to their users. Dotcom previously described the aims of Megabox in his own words, while also explaining how the disruptive business model will upset many within the music industry:
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can expect several Megabox announcements next year including exclusive deals with artists who are eager to depart from outdated business models.