SANTA MONICA, Calif.,
Nov. 25, 2014 /PRNewswire/
-- Rightscorp (OTCQB: RIHT), the leading provider of
monetization services for artists and holders of copyrighted
Intellectual Property (IP), announced today that it plans to expand
its reach in the film, television and video markets with the
appointment of entertainment industry veteran Gregory Noveck to its Board of Advisors. Mr.
Noveck was most recently Senior Vice President, Production for SYFY
Films, a joint venture between SYFY and Universal Pictures. Mr.
Noveck will play a vital role in securing additional copyrights for
the Company.
According to PriceWaterhouseCoopers (PwC), the U.S. film
industry posted $31 billion in
revenues in 2013, and the media and entertainment (M&E)
industry, is expected to reach $546
billion in 2014. While the U.S. has the largest M&E
industry in the world, it is hamstrung by piracy that has spilled
over from films, music, TV shows, and has worked its way into
streaming services. Netflix and Amazon are two of the largest
streaming video services in the world and according to a recent
Washington Post article, Netflix's hit series "Orange Is the New
Black" is the second most pirated show after "Game of Thrones." The
digital theft of music, movies and copyrighted content accounts for
22% of global internet bandwidth, according to the Information
Technology & Innovation Foundation.
"With Gregory joining our advisory team, we are increasing our
collective knowledge, experience, and connections in the
entertainment industry," said Christopher Sabec, CEO of Rightscorp.
"Over the past two years, we have assembled a world-class advisory
board to provide resources through their experience and key
relationships. Gregory has had his hands in various aspects of film
and TV throughout his career that specifically deal with
intellectual property. He will be an invaluable asset to our
Company."
Mr. Noveck helped start SYFY Films, through which he produced
films and acquired several projects for development including
properties from Imagine, George R.R.
Martin and Michael Tolkin.
Prior to SYFY, he spent eight years at DC Comics as Senior VP,
Creative Affairs where he focused on TV, Features, Animation, DTV,
online, and games. Mr. Noveck made it his mission to expand the
brand beyond Superman and Batman, and worked on A History of
Violence, Constantine, Watchmen, Jonah Hex, The Losers,
and Green Lantern for Warner Bros. He also developed and
served as the Executive Producer of the feature film Red for
Summit Entertainment.
Spearheading a bold DTV initiative, Mr. Noveck launched DC
UNIVERSE ANIMATED ORIGINAL MOVIES, which became a critical and
commercial success as it helped establish a new business for Warner
Home Video, bringing great characters to life for their most
passionate fans.
Prior to that, he worked at CBS Entertainment's Business Affairs
and was Senior Vice President, Creative Affairs and Producer of
Platinum Studios. Along the way he worked on a number of films and
TV shows across the spectrum including Homicide: Life on the Street
(NBC), Oz (HBO), Nash Bridges (CBS), The Show (Film), Hard Eight
(Film), Highlander: The Series (USA), and La Femme Nikita (USA).
Gregory Noveck joins other
members of Rightscorp's Strategic Advisory Board including Bill
Zysblat, who serves as Business Manager for David Bowie, Sting, Rolling Stones and U2, and
Peter Paterno, who is an attorney
for Metallica and Dr. Dre.
Rightscorp represents more than 1.5 million copyrights and has
partnered with major motion picture studios, numerous platinum
recording artists, Academy Award-winning films, top TV shows,
authors, and many other rights holders. Rightscorp has already
received settlements from subscribers of more than 200 ISPs and
closed over 130,000+ cases of copyright infringement to
date.
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,
books, 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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Company's management as well as assumptions made by and information
currently available to the Company's management. Actual results
could differ materially from those contemplated by the
forward-looking statements as a result of certain factors not
limited to, general economic and business conditions, competitive
factors, changes in business strategy or development plans, the
ability to attract and retain qualified personnel, and changes in
legal and regulatory requirements. Such forward-looking statements
reflect the current views of the Company with respect to future
events and are subject to these and other risks, uncertainties and
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growth strategy and liquidity of the Company. All subsequent
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Company or persons acting on its behalf are expressly qualified in
their entirety by this paragraph.
For further investor and media information contact:
Andrew Haag
Managing Partner
IRTH Communications
rightscorp@irthcommunications.com
1-866-976-4784
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SOURCE Rightscorp, Inc.