https://twitter.com/#!/wilw/status/160229255366713344
this sums it up. as already stated earlier in this thread. link-removed was actually working with artists in the US market and was planning to launch a new service which would have offered artists 95% of the revenues generated through their platform.
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What Happens to link-removed’s Grammy Winning CEO Swizz Beatz?
A few days ago link-removed surprised friends and foes by listing rapper/producer Swizz Beatz as CEO. Beatz is not named in the indictment which was made on January the 5th, which may have saved him.
Beatz, whose real name is Kasseem Dean, is married to R&B superstar Alicia Keys, and won his first Grammy Award in 2011 with Jay Z for the song “On To The Next One.” Aside from working at link-removed, Beatz is also producing Dr. Dre’s highly anticipated third studio album Detox.
Beatz’s appointment connected link-removed to many of the biggest musicians in the
business. This could have come in handy as link-removed founder Kim Dotcom was working on a plan to crush the major “dinosaur” labels, who he says are not giving musicians what they deserve.
Mega’s competing
music venture is/was called Megabox, a site that would soon allow artists to sell their creations directly to consumers. And unlike the traditional record deals where artists get only a fraction of the revenue, with Megabox the musicians would get to keep 90% of earnings.