comes from tech college
you remember that uh... uh... the megaupload
proprietor works
were arrested last week
just following the uh...
the big blackout day aware the soap a and pep up bills pulte
last thursday the u_s_ justice department
arrested uh... kim dot com
families
and uh...
they also shut down their guard
i didn't realize how big megaupload
but megaupload is like uh...
it is estimated to be the thirteen th most visited site on the internet
accounting for four
percent
of all
worldwide internet traffic
that's clinic
i thought it was and i thought
like i knew that we were not in the top
fifteen
that majority dot f_m_
uh...
then realized they had we been it we would have accounted for that big of a
percentage
of the internet i have were probably closer dont like one-percent just think
of all the dead links across the internet now that that set is down yeah
there was a one hundred and eighty million registered users
with over fifty million visiting the site daily
there's a huge site so matt burns attack crunch has a piece
where you see it's speculative
apparently
megaupload
fully uh...
clear on how work what
it was but it was a basically
uh... a download site
some of which were
uh...
unka of guests
unauthorized downloads and some of which were authorized down those
and they were working on a couple of different business models
some of the authorized to downloads
uh... were basically put up there by uh...
uh... by your artists
and of
even though you got them for free megaupload was paying
the artists because apparently i guess maybe you know whatever uh... my
privatizing traffic
but they were also working on a nother business plan
called megabucks
it was a it just in baidoa but it was a second it's essentially
itunes
or like amazon
and
they were going to severely undercut
itunes and amazon
what the record labels
well the record label said but the point is yes
essentially it would be cheaper but the the ideas that the artists would get
ninety percent
of the fees for the downloads as opposed to i'd get so they get like now like
thirty percent thirty five percent
sixty sixty-five percent goes to the distributor
uh...
megabucks would cater to on-site artisanal out anyone to sell their
creations
and they would allow that ninety percent of the earnings or ours could even give
away their songs that would be paid through mega key which was the one where
basically
we pay you for uh... dis the advertising back
less money
uh...
people there is still going to get
and uh...
imported about brian's at tech ranch
there's been a tense
to knock off itunes and amazon or to challenge them
but
meghalaya a megaupload
so huge
that they already had this massive platform
uh... that
amino words
like maga
that's how big it was
that uh...
it probably would have been able to pull it off
i don't think
only put it this way is the way i think it works
people pay attention
to certain people
who may be engaging in the same behavior as other people
but those people represent a threat to them
in a legal business they become
much more of a threat
and i think that's what we decide
i think that's what we decide
so it'll be interesting to see what happens
there's only so much i mean pilot imaginable point to scare dot com is
gonna get that jail
and there's no reason to believe it's going to stop
but uh... it'll be interesting to see
if they cut and cut the deal
very interesting
out