SANTA MONICA, Calif.,
March 4, 2015 /PRNewswire/ --
Rightscorp (OTCQB: RIHT), the leading provider of monetization
services for artists and holders of copyrighted Intellectual
Property (IP), announced today that it has increased its Internet
Service Provider (ISP) participation from receiving payments on 50
ISPs in March 2014, to over 233 ISPs
currently, representing a growth of over 466% in 12 months. ISP
participation is a key operating metric that directly impacts
Company growth and opens up a larger revenue stream as each ISP can
represent thousands of potential infringements that can be
monetized by the Company. Rightscorp has now closed over 180,000
cases of copyright infringement, up 10,000 from January 2015. There are approximately 1800 ISPs
in the United States, and
Rightscorp represents approximately 15% of the space.
"In less than one year, we have had a massive jump in ISP
participation with a 466% increase and steadily increased our
copyright infringement cases closed," said Christopher Sabec, CEO
of Rightscorp. "We have continuously built on our momentum for
acquiring ISP participation with a clear strategy and unwavering
dedication to combating copyright infringement. Many ISPs have
taken note of our success and have sought out our services to
reduce copyright infringement on their networks and help reduce
bandwidth used for infringement that clogs down the
network."
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 233 ISPs and
closed over 180,000 cases of copyright infringement to date.
About Rightscorp, Inc.
Rightscorp (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/
Safe Harbor Statement
This press release may include
forward-looking statements. All statements other than statements of
historical fact included in this press release, including, without
limitation, statements regarding the Company's anticipated
financial position, business strategy and plans and objectives of
management of the Company for future operations, are
forward-looking statements. When used in this press release, words
such as "anticipate," "believe," "estimate," "expect," "intend,"
and similar expressions, as they relate to the Company or its
management, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of the
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
assumptions relating to the operations, results of operations,
growth strategy and liquidity of the Company. All subsequent
written and oral forward-looking statements attributable to the
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
riht@irthcommunications.com
1-866-976-4784
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/rightscorp-increases-number-of-participating-internet-service-providers-by-466-300044903.html
SOURCE Rightscorp, Inc.