Megaupload shut down - Chicagoland Sportbikes
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post #1 of 4 (permalink) Old 01-19-2012, 03:46 PM Thread Starter
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Megaupload shut down

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Megaupload file-sharing site shut down, founders charged

Megaupload charged users a fee to upload large files anonymously.

The site's founders have been charged with violating piracy laws.

Federal prosecutors have accused it of costing copyright holders more than $500m (320m) in lost revenue. The firm says it was diligent in responding to complaints about pirated material.

Investigators denied a link to recent protests against proposed piracy laws, according to the Wall Street Journal.

The US Justice Department said that Megaupload's two co-founders Kim Dotcom, formerly known as Kim Schmitz, and Mathias Ortmann were arrested in Auckland, New Zealand along with two other employees of the business at the request of US officials. It added that three other defendants were still at large.

"This action is among the largest criminal copyright cases ever brought by the United States and directly targets the misuse of a public content storage and distribution site to commit and facilitate intellectual property crime," said a statement posted on its website.


The charges included copyright infringement, conspiracies to commit racketeering, copyright infringement and money laundering.

A federal court in Virginia ordered that 18 domain names associated with the Hong Kong-based firm be seized.

The Justice Department said that more than 20 search warrants had been executed in nine countries, and that approximately $50m in assets had been seized.

It claimed that the accused had pursued a business model designed to promote the uploading of copyrighted works.

"The conspirators allegedly paid users whom they specifically knew uploaded infringing content and publicised their links to users throughout the world," a statement said.

"By actively supporting the use of third-party linking sites to publicise infringing content, the conspirators did not need to publicise such content on the Megaupload site.

"Instead, the indictment alleges that the conspirators manipulated the perception of content available on their servers by not providing a public search function on the Megaupload site and by not including popular infringing content on the publicly available lists of top content downloaded by its users."

Before it was shut down the site posted a statement saying the allegations against it were "grotesquely overblown".

"The fact is that the vast majority of Mega's internet traffic is legitimate, and we are here to stay," it added.

"If the content industry would like to take advantage of our popularity, we are happy to enter into a dialogue. We have some good ideas. Please get in touch."
Damn..I use to watch all my TV shows on there.
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post #2 of 4 (permalink) Old 01-19-2012, 04:52 PM
d0 work s0n!
 
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No one is safe, even overseas they'll drag your ass over here. Hollywood gets what Hollywood wants.

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post #3 of 4 (permalink) Old 01-19-2012, 04:59 PM
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So are cell phone companies going to get shut down for people using their phones to facilitate illegal activities as well?

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Originally Posted by Noodles View Post
Noodles accepts no liability for the content of this post, or for the consequences of any actions taken on the basis of the information provided, unless that information is subsequently confirmed in writing. Any views or opinions presented in this post are solely those of the author and do not necessarily represent those of Noodles.
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post #4 of 4 (permalink) Old 01-24-2012, 08:51 AM
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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."
https://plus.google.com/u/0/11131408...ts/HQJxDRiwAWq

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