FactMag reports that apparently Kim Dotcom, Megaupload’s founder, was working on a new plan to, via Megabox.com, let artists sell their music whilst giving the artists a 90% cut of what would be earned. Not only that, artists would also earn money on songs they would let people download for free. FactMag notes that with Megaupload at one point having been the 13th most visited website in the world, it might have indeed become “serious competition for Universal and more”. Megaupload was shut down last week, and Kim Dotcom was arrested.
The thing is, even if it all is highly speculative, it does touch upon a problem the Occupy Wall Street movement, however incoherently, also touched upon: the interconnectedness between corporations, politics, and the mainstream media. The SOPA and PIPA legislations were heavily pushed by MPAA Chairman Chris Dodd, former Senator and Presidential candidate, for instance. People and PACs affiliated to the corporation Goldman Sachs were a leading backer to both Democrat Obama and are now leading backer of Republican Romney. The same goes for JP Morgan and Citigroup Inc.. Corporations, Media Moguls, and Politicians all have an agenda, thus when someone comes in who is going to try and upset the status quo, that is going to meet with some resistance. Sometimes justified, sometimes not so much probably. This column on the Huffington Post kind of gives an indication of what I mean.
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