SANTA MONICA, Calif.,
May 28, 2014 /PRNewswire/
-- Rightscorp (OTCQB: RIHT), the leading provider of
monetization services for artists and holders of copyrighted
Intellectual Property (IP), announced today that it has closed over
75,000 cases of copyright infringement to date, up from 60,000 in
March 2014, representing a 25% growth
in an approximate 2-month time span. The Company currently receives
settlement payments from subscribers of more than 70 ISPs and has
received approval to collect on over 1.5 million copyrights.
"Rightscorp continues to grow successful outcomes from our
operations and in the process has become more effective at
monetizing revenues for our clients," said Christopher Sabec, CEO
of Rightscorp. "Every day we are adding more active copyrights into
our system and reporting more ISP participation. We are undergoing
rapid expansion in the market and we are proud to report that
75,000 cases of copyright infringement have closed in our client's
favor. We have made great strides in combating the multi-billion
dollar dilemma of copyright infringement."
The amount of bandwidth used for copyright infringement in
North America, Europe, and Asia
Pacific accounts for 24% of total Internet bandwidth,
according to NetNames. Copyright holders suffer from loss of sales
and revenues and ISPs are also affected by copyright infringement
on their networks. Rightscorp's proprietary patent-pending
copyright infringement monitoring software solution protects
copyright owners against digital loss and the unauthorized online
distribution of content including music, movies, games, books,
software and other digital content.
About Rightscorp, Inc.
Rightscorp (OTCQB: RIHT) is a
leading provider of monetization services for artists and holders
of copyrighted Intellectual Property (IP). The Company's patent
pending digital loss prevention technology focuses on the
infringement of digital content such as music, movies, software,
and games and ensures that owners and creators are rightfully paid
for their IP. Rightscorp implements existing laws to solve
copyright infringements by collecting payments from illegal file
sharing activities via notifications sent through Internet Service
Providers (ISPs). The Company's technology identifies
copyright infringers, who are offered a reasonable settlement
option when compared to the legal liability defined in the Digital
Millennium Copyrights Act (DMCA). Based on the fact that 22% of all
Internet traffic is used to distribute copyrighted content without
permission or compensation to the creators, Rightscorp is pursuing
an estimated $2.3 billion opportunity and has monetized major media
titles through relationships with industry leaders.
http://www.rightscorp.com/
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For further investor and media information
contact:
Andrew Haag
Managing Partner
IRTH Communications
rightscorp@irthcommunications.com
1-866-976-4784
SOURCE Rightscorp, Inc.