Megaupload SHUT DOWN!

Yesterday, we were surprised to report, Swizz Beatz is the CEO of Megaupload.

Swizz Beatz MegaUpload CEO

Today, we’re reporting MegaUpload.com has been SHUT DOWN, according to the New York Times!

Federal prosecutors in Virginia say they have shut down one of the world’s largest Internet file-sharing sites, Megaupload.com, and charged its founder and others with violating piracy laws.

An indictment accuses the company of costing copyright holders more than $500 million in lost revenue from pirated films and other content. The indictment was unsealed Thursday, one day after Web sites shut down in protest of two Congressional proposals intended to thwart the online piracy of copyrighted movies and TV programs.

Megaupload.com has claimed it is diligent in responding to complaints about pirated material.

The indictment says that at one point, Megaupload was the 13th most popular Web site in the world.

source

More detailed information about Megaupload.com shut down can also be found here (Justice Department Charges Leaders of Megaupload with Widespread Online Copyright Infringement).

Damn… there was a lot of good/classic links on megaupload.

Inside Jay-Z’s Newly Renovated 40/40 Club! [Video]

jay-z 40/40 club renovation
Jay-Z’s 40/40 Club in New York City reopened Wednesday night after undergoing a major renovation!

The newly renovated 40/40 Club includes four gargantuan, state-of-the-art 165-inch video screens, a new restaurant, golden bats lining the walls of banquettes, and much more!

“I wanted to retain the feel of a clubhouse, a relaxed place to interact with friends,” Jay-Z told The News.

Warren Buffet, Fabolous, Irv Gotti, Spike Lee, Steve Stoute, Ashanti, Kevin Liles, New York Yankees pitcher CC Sabathia, and MORE all attended. Check out the pictures of Jay-Z Newly Renovated 40/40 Club here.

Swizz Beatz Is The CEO of MEGAUPLOAD!

Swizz Beatz MegaUpload CEO
Wow… Swizz Beatz is the CEO of Megaupload. Check out this screen shot from Megaupload or visit their ‘About Us’ page. It names Swizz Beatz — the CEO of the company! When did Swizz become the CEO of Megaupload? I’m confused.

Anyways, NYP reports the following:

Swizz Beatz has Sean “Diddy” Combs, Kanye West and Will.i.am in hot water with their label by getting them to promote his site, MegaUpload. The CEO of the Internet company, Beatz — also a recording artist, producer and DJ — persuaded the stars to appear in a “Mega Song” video promoting his service, intended to send large media files. The catch is the music industry has been fighting against file sharing, accusing the services MegaUpload offers of supporting piracy. Beatz’s wife, Alicia Keys, has also promoted the site with her picture and a quote. Swizz had also asked Mary J. Blige, Kim Kardashian, Lil Jon and Macy Gray to promote MegaUpload. But after the starry promo appeared on YouTube last month, Diddy, Kanye and Will.i.am’s label, Universal Music Group, issued a “take-down notice” to YouTube, saying the artists’ performances were unauthorized. Their individual reps followed up, sources say. Mega-Upload fired back with a lawsuit against Universal to stop it from blocking distribution of the video. A Mega rep told us: “We have never received any word that any artist has [individually] filed a take-down . . . [we have] legally binding agreements with the performers that appear in the video . . . They promised that they had the rights to enter into that agreement and it’s not interfering with any third-party rights.” UMG and Diddy reps wouldn’t comment. West’s and Will.i.am’s reps didn’t get back to us.