December 2011, a month before the criminal proceeding against Megaupload became public, Kim Dotcom first revealed his plans to launch a new service to transform the music business.
At the time the project was called Megabox and the similarly named .com domain was seized by the U.S. Government. However, despite all the legal troubles, Dotcom continued development on the music platform.
It’s currently being prepared for a public launch, albeit under a different brand. Dotcom had decided initially decided to keep the new name a secret for a while, but after he resigned from Mega earlier this week there were several signs suggesting that it could be “Baboom.”