SANTA MONICA, Calif.,
Aug. 25, 2014 /PRNewswire/ --
Rightscorp (OTCQB: RIHT), the leading provider of monetization
services for artists and holders of copyrighted Intellectual
Property (IP), offers a solution to a recent article which cites
the rise of pre-release copyright infringements of motion picture
films and TV shows. Rightscorp can use its proprietary tracking
capabilities to monitor infringements prior to film and TV show
releases and allow owners to monetize infringements and take
immediate action to limit damages.
Expendables 3, the third installment of the successful
action movie series, is just the latest victim to suffer from
pre-release copyright infringement and has been illegally
downloaded over 2.2 million times, according to a recent article by
The Wall Street Journal, stating "Pre-release piracy reduces a
movie's domestic box-office take by an average 19%, according to
findings by researchers at Carnegie Mellon
University." Expendables 1 and Expendables 2
grossed $274 million and $305 million worldwide, respectively. A 20% loss
for a movie like Expendables 3 will cost millions of dollars
in sales. Expendables 3 was released in theaters on
Friday, August 15, 2014.
Many other movies have been pirated before they were released in
theaters or released for sale. Dallas Buyers Club, which won
many Academy Awards, was available on P2P networks before it was
available on sale. Popular TV shows are often affected by this
problem. According to The Telegraph and other sources, HBO's
Game of Thrones is the most illegally downloaded TV show
worldwide, followed by The Walking Dead, The Big Bang
Theory, Breaking Bad, Netflix's Original Series House
of Cards and others. Within minutes of shows airing, infringers
can upload and download the shows illegally.
"Not only does Rightscorp have a solution for current copyright
infringements, it also has a customizable solution for clients
seeking pre-release protection," said Christopher Sabec, CEO of
Rightscorp. "The cost attributed to a major motion picture that is
leaked before it is commercially released can be monumental in lost
sales and revenue. We offer a viable answer to this problem.
Monitoring a movie before it is released gives us the chance to
seek out potential threats and act quickly if a threat emerges.
Rightscorp's system we have developed can be customized to meet a
client's pressing need in the critical release and pre-release
window."
Mr. Sabec continued, "We have closed over 75,000 cases of
copyright infringement to date and that number continues to
increase. Although pre-release infringement can't be completely
eliminated, Rightscorp does possess the best tools to curb the
problem and the best chance at monetizing and protecting the
studios and copyright holders."
Rightscorp's proprietary technology solution was highlighted in
the NY Post. The full article can be
accessed at:
http://nypost.com/2014/08/24/expendables-3-tanked-because-of-leaked-version-distributor/
The Company 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, and
many others. Rightscorp has already received settlements from
subscribers of more than 140 ISPs and closed over 75,000 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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For further investor and media information
contact:
Andrew
Haag
Managing Partner
IRTH
Communications
rightscorp@irthcommunications.com
1-866-976-4784
SOURCE Rightscorp, Inc.