Megaupload Website Down, Execs Charged With Piracy

This fishie was enjoying a little streaming video this morning via our beloved Megaupload when the website stopped working. Now we may never know how that particular episode of The Golden Girls ended, and it’s all thanks to the FBI. The website has been shut down, its executives have been arrested, and are being charged with violating piracy laws.

Via the New York Times:

As part of the crackdown on Megaupload, 20 search warrants were executed in nine countries, including the United States. About $50 million in assets were also seized, as well as a number of servers and 18 domain names, the authorities said.

Ira P. Rothken, a lawyer for Megaupload, said in a phone interview on Thursday afternoon that he had not yet seen the indictment, but he added: “Clearly we have due process concerns. This was done without a hearing.”

The entertainment industry is no doubt cheering the takedown of Megaupload. The indictment alleges that the service cost copyright holders $500 million in lost revenue. But that number seems based on the assumption that without the free file sharing, users would have willingly bought the content they consumed. And really, who would ever pay to watch an episode of Golden Girls?