After a January soft launch, Kim Dotcomm's Baboom streaming music service is close to launching publicly. Baboom promises higher payouts to artists along with FLAC high quality streaming and downloads. In preparation for the launch, company executives last week expounded on the virtues of a music company founded by the controversial Megaupload founder. Baboom will deliver ads alongside authorized content, as well as, offer paid downloads, according to the execs. 90% of all revenue will reportedly flow directly to artists; anmd all content will be in the lossless FLAC format. “Baboom is the first music streaming platform to support FLAC...

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