Although Megashare advertises itself as a streaming portal, it is not legal to use. A majority of the content on this website is pirated material. Given the recent controversy over the website's content, it has shut down, as reported by TorrentFreak.com.
MegaShare launched in 2010 and was a leading source for locating torrents of new movie releases, video game files and software programs. According to StopFileLockers.com, the website was selling membership packages that offered monetary rewards for those with popular downloads. Pirated content means that those sharing the files do not have direct permission from the owner to share the content, program, movie or file.