SANTA MONICA, Calif.,
Dec. 18, 2014 /PRNewswire/
-- Rightscorp (OTCQB: RIHT), a provider of monetization
services for artists and holders of copyrighted intellectual
property (IP), today provided key market findings from its
presentation at the 5th Annual Content Protection Summit
2014 where Rightscorp's Chief Executive Officer Christopher Sabec and President and Chief
Operating Officer Robert Steele
recently participated. Mr. Steele led a discussion that tackled the
issue of whether piracy is on the decline titled, "Is The Piracy
Threat Decreasing? What Content Owners Need To Know Now." Mr.
Steele presented key evidence that showed that piracy is in fact
not declining and is still a very serious ongoing threat to
copyright owners. The presentation can be accessed at
http://slidesha.re/1GqXR4K.
The Summit, which was hosted by the Media & Entertainment
Services Alliance (MESA) and CDSA, the International Content
Security Association, included speakers and key industry leaders
from Google, Microsoft, Disney Studios, Warner Bros., Twentieth
Century Fox and other studios, media, software, and security
companies. Experts in content & IP protection, cyber security,
and global piracy took part in a host of discussions that included:
what to do when you're hacked, protecting content, a technology
showcase, the culture of piracy, and ways to disrupt funding
piracy.
Rightscorp presented an overview of the landscape of piracy from
a past, present and future perspective. In its presentation, Mr.
Sabec and Mr. Steele highlighted that in the United States, peer-to-peer file sharing
grew 18% from 2010 to 2013 on a data traffic basis. Rightscorp
estimated that over 2 billion units of movies were shared in
2013. Rightscorp estimated that music consumption on file
sharing networks grew from 2.7 billion digital songs in 2010 to 8.3
billion digital songs shared in 2013. Rightscorp also
estimated that approximately 74% of digital music was consumed on
file sharing networks in 2013 without compensation to the copyright
owners. In addition, the presentation forecasted a 40% increase in
peer-to-peer file sharing by 2018, which includes 11.9 billion
songs and over 3 billion movies illegally downloaded.
Rightscorp's estimates were based on source data from Cisco,
Envisional, and Netnames.
"We have heard many people state that they believed that piracy
was decreasing in the United States. We have now presented
our analysis that piracy has only increased across every industry
since 2010," stated Robert Steele,
President and COO.
"The Summit allowed us to shine a light on the true damage
caused by copyright infringement and demonstrate how piracy is an
ever growing worldwide threat that needs to be addressed now," said
Christopher Sabec, CEO of Rightscorp. "At Rightscorp, we ensure
that our clients' works are protected and that they receive
compensation when violations occur."
Rightscorp has 1.5+ million copyrights covered under signed
agreements. It has successfully collected on over 150,000+
infringements and has the highest ISP participation in the industry
with over 200 and counting. Rightscorp represents industry leaders
in film, television, music, publishing, gaming and software and has
29 patents pending globally. The Company has consistent quarterly
and annual growth, has the potential to monetize billions of
dollars. It is in discussions with a majority of major music
publishers, shows a strong ISP and ingested copyrights growth trend
and implements existing copyright laws that generate
results.
About Rightscorp, Inc.
Rightscorp (OTCQB: RIHT) is a 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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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.