Was Megaupload Targeted Because Of Its Upcoming Megabox Digital Jukebox Service?

Matt Burns at TechCrunch voices his suspicions that Megaupload may have been taken down because it was preparing to launch Megabox, a service that would have competed directly and legally with the RIAA record companies.

[Kim] Dotcom described Megabox as Megaupload’s iTunes competitor, which would even eventually offer free premium movies via Megamovie, a site set to launch in 2012. This service would take Megaupload from being just a digital locker site to a full-fledged player in the digital content game.

Will Collier opines that

Copyright protection is a legitimate problem in the digital age, but if the speculation here turns out to be accurate, the Justice Department has been used to facilitate the crib death of a legal competitor to the RIAA.  If that pans out, we’ve got a much bigger problem than piracy to worry about.