Kim Dotcom

Remember Kim Dotcom? He is the hacker-turned-multimillionaire businessman, accused of costing the entertainment industry $500 million through pirated content uploaded to his popular file-sharing site, Megaupload – which was shut down earlier this year.

Kim is back with a new project called Megabox. And he seems even more determined to put the major music labels out of business. But at the same time, he promises to give artists “full control over their own work and a healthy revenue stream.”

He released the below video yesterday as a teaser and shows a bit of Megabox and how some of the features will work. The description under the trailer reads:

This is what they don’t want you to have. Unchaining artists and fans. Megabox is coming soon.

The video also shows Megabox’s “exclusive artists” such as The Black Keys and Will.i.Am. Of course, whether or not they are actually aware of the fact that they are a part of this is another story entirely.

Check it out:

[Source: Torrent Freak]