Kim Dotcom’s next venture has been confirmed as a music service titled Baboom.

After resigning as Mega director last week, the internet entrepreneur has revealed details of the new service where artists will reportedly have “more freedom, transparency and control”.

Launching at Baboom.com, the site will give the public access to free music, while compensating artists through advertising revenue.

In addition, Baboom is expected to have a paid version where music fans can pay for music ad-free.