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Kim Dotcom Resigns from Mega Directorship

The director and founder of Mega, Kim Dotcom has just resigned in order to look to his other interests. The Music Business is one area the man has a passion for and he may be launching a popular song service soon.

Sep 4 2013, 7:03am CDT | by

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Kim Dotcom Resigns from Mega Directorship
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Kim Dotcom Resigns from Mega Directorship

Kim Dotcom Resigns from Mega Directorship
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Kim Dotcom has left the Mega Directorship field wide open to anyone who has the will to handle the pressures that accompany such a demanding job. The cloud hosting storage service is for now without a driver at the steering wheel. Kim wants to concentrate on other areas and avenues. Kim had wanted some free time of his own in order to explore his political gambits and legal hassles. 

Furthermore, the man is dedicated to music and wants to debut a sound-worthy service in the times which are yet to come. Kim seems to be flying without a safety net and at this stage he needs all the luck in the world in order to make a successful career in uncharted territory. 

While Kim has always been on a tight schedule, at this stage in his life he needed a breather. That was one reason why he voluntarily stepped down from the Directorship of Mega. However, for some time now he wasn’t really doing much as Director, so it didn’t make an iota of difference. Kim’s political party is still in its initial stages and he will be running for office in New Zealand. As for the music service he plans on starting in the future, it remains pretty much under wraps. 

Source: TorrentFreak


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Update: 6

Sony's Tony Smith joins Kim Dotcom's Baboom

Source: Music Week

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Tony Smith - previously director of finance for Australia and New Zealand at Sony - has joined Kim Dotcom's music streaming service Baboom as chief financial officer. During a 26-year career, the exec has held stints at Polygram, Zomba, BMG Music and BMG Publishing before spending the last four years at Sony. Baboom will stream music through the higher quality lossless FLAC format and offer ad-supported and ad-free options. Its launch is planned f ...
Source: Music Week   Full article at: Music Week 1 day ago, 8:54am CDT


Update: 5

'Indies eager to support Dotcom's Baboom with content,' says analyst

Source: Music Week

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Baboom, the music service being launched by Kim Dotcom, has been greeted with a positive reception from indies around the globe according to a senior advisor working with the company. Speaking to TorrentFreak, Ben Yeo, senior advisor at Novus Capital, said: “What Grant [Edmundson, Baboom CEO] and I have been overwhelmed with is the level of support we have been receiving from the global independent music industry who have thrown their support behind Ba ...
Source: Music Week   Full article at: Music Week 1 week ago, 9:40am CDT

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Update: 4

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Update: 2

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Source: Digital Music News

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Source: BetaNews

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
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