Building on yesterday's news of Kim Dotcom creating a "massive global network" comes today's news that he's just had $4.83 million released by the High Court in New Zealand, as well as some of his luxury car collection. He can now sell some of those cars and use the released money to pay back his legal fees in fighting charges that say that say he's a massive online pirate intent on breaking the world as we know it.
Although the last statement might be true, his intention seems to be more along the lines of reshaping copyright to the modern era rather than hiding behind an old guard that serves to protect its own interests at the cost of the consumer. Rather than stifle innovation and creativity around new ideas of sharing copyrighted content, he's trying to reshape the way it happens. After all, the music industry at large tried to stifle innovation for the past 10 - 12 years, and we all know how that turned out ...
According to TorrentFreak, Dotcom is actually borrowing "approximately $NZ 6 million ($4.83m US) against a $NZ 10 million government bond," so the decision by Auckland High Court Justice Judith Potter will let him have the money before his lawsuit has been decided on. I guess if he loses, he'll have to pay it back.
Yesterday he released some comments on Twitter, saying "The Mega API will provide incredible powers. Our API and your Mega tools will change the world." An API is the tool that lets Megaupload talk to other apps, so this gives us some insight to what he might be doing, namely recreating Megaupload as a platform, instead of just creating a web site. This would allow Android and iOS developers to make sharing apps using Megaupload.