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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

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 for l ...
Source: Music Week   Full article at: Music Week Jul 21 2014, 8:54am CDT
 


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Update: 5

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

Source: Music Week

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 independ ...
Source: Music Week   Full article at: Music Week Jul 15 2014, 9:40am CDT
 

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Update: 4

Baboom Music Service Will Make Money by Hijacking Online Ads

Source: Fool.com

Kim Dotcom plans to offer a revolutionary new music se ...
Source: Fool.com   Full article at: Fool.com Jul 9 2014, 6:26am CDT
 

Update: 2

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Source: Digital Music News

The music industry: it’s scary all year round!  And with that, here are 13 extremely scary things about our modern-day, post-apocalyptic biz… (1) There are now three major labels. So if you need radio play, a chart position, or broad-scale distribution, just give one of them a call. (2) Any one of these labels can delay, cripple, or destroy your digital startup, overnight. That goes for the richest, like Google Play and Spotify, all the way down to the deceased, like Imeem.  Because if you ...
Source: Digital Music News   Full article at: Digital Music News Jun 13 2014, 6:52am CDT
 

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

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