SANTA MONICA, Calif.,
Sept. 2, 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 100,000
cases of copyright infringement to date, up from 75,000 in
May 2014, representing over a 33%
increase over previously released figures. The Company currently
receives settlement payments from subscribers of more than 140 ISPs
and has approval to collect on over 1.5 million copyrights.
"This is a solid milestone for the Company and strongly supports
our claim that Rightscorp offers the most effective solution
available for peer-to-peer copyright infringement. The
increase of cases closed is directly related to adding new
copyrights to our system, increasing the number of participating
ISPs, and growing consumer awareness of our service. We have worked
hard over the past year to streamline our process and develop new
relationships," said Christopher Sabec, CEO of Rightscorp. "This
announcement comes on the heels of recently reporting 377% increase
in year-over-year quarterly revenue growth. Closing over 25,000 new
cases in less than 3 months is a testament to our ability to
deliver an effective solution to this problem and assure that the
owners of the content we represent are treated fairly."
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 100,000 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