Megaupload "Shut Down" by the feds

I think that was just wrongly worded. If the artist was going to get money, the music company would too. Actually I think the music company would get the money first, then give it to the artists.

http://www.digitalmusicnews.com/permalin...21airvinyl

"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,"

And another nice quote that's actually quite fitting after all of this:

"These guys think an iPad is a facial treatment, the internet is the devil, and wired phones are still hip," Schmitz blasted. "They are in denial about the new realities and opportunities. They don't understand that the rip-off days are over. Artists are more educated than ever about how they are getting ripped off and how the big labels only look after themselves."