Real Reason Behind Megaupload ShutDown

MegaUpload founder Kim Dotcom was working on a plan to crush the major “dinosaur” labels, who he says are not giving musicians what they deserve.

Mega’s competing music venture is/was called Megabox, a site that would soon allow artists to sell their creations directly to consumers. And unlike the traditional record deals where artists get only a fraction of the revenue, with Megabox the musicians would get to keep 90% of earnings.

Needles to say, the raids and arrests delayed this plan.