Kim Dotcom, the founder of famous file-sharing site Megaupload, has announced plans to start up a similar website and music service before the end of the year.

On Twitter Doctom said, "Quick update on the new Mega: Code 90% done. Servers on the way. Lawyers, Partners & Investors ready. Be patient. It's coming,"

Dotcom started Megaupload in 2005 and it went on to become one of the most popular websites for those looking to illegally download films, music and games. The FBI shut down the site in January this year with a raid on Dotcom's New Zealand mansion.

The hacker is currently fighting extradition to the US on charges of racketeering, with authorities there saying he owes the entertainment industry around £312m for providing online users access to copyrighted materials.

Dotcom's music service, called Megabox, will work in a similar way to music streaming sites like Spotify, where users can listen to music free in exchange for listening to adverts. Dotcom has promised that with Megabox, 90 per cent of the site's revenue will go to the artists.

Written and presented by Alfred Joyner