Dotcom to come with disruptive music business model -yes it’s mega

If you’ve been reading our site for a while, you might have seen previous stories we covered about German internet entrepeneur Kim Dotcom. He was the founder of MegaUpload, a big file sharing website that was shutdown for alleged copyright infrigements. While Dotcom is awaiting his extradition to the United States he’s still active. He has told TheNextWeb that he will launch a new music download site, where artists get paid, but us consumers can download music for free.

The site dubbed Megabox should use a technology called Megakey and according to Dotcom he has exclusive contracts with several artists that are eager to join him and leave the outdated business models currently used. The new service should launch this year. Unfortunately no more information was disclosed. We verified and both the Megabox and Megakey sites are registered by companies of Dotcom and use nameservers in different countries possibly in order to prevent any possible shutdown from authorities.