Recent Study Cites 374% More File Sharing Activity on ISPs Not Participating in Rightscorp's Digital Loss Prevention Service
10 Mars 2014 - 12:00PM
Rightscorp (RIHT) a leading provider of monetization services for
artists and holders of copyrighted Intellectual Property (IP),
announced the results of a recent study which showed that Internet
Service Providers (ISPs) not utilizing Rightscorp's monetization
service experienced 374% more copyright infringing file sharing on
their networks versus those that participate with Rightscorp.
A 374% increase for ISPs not using Rightscorp's service shows
the value that Rightscorp provides. This recent study demonstrates
that Rightscorp's monitoring services directly lead to the
reduction of illegal content that is distributed through ISPs'
bandwidth traffic. This equates to lower traffic/bandwidth expense
for ISPs and lower maintenance costs with a reduction in illegal
file sharing, benefitting participating ISPs as well as their
subscriber base.
According to Online Piracy Statistics – Infographic, 22% of all
Internet traffic violate copyrights, and the monitoring of such
activities would be a significant cost savings for ISPs. Through
Rightscorp's proprietary service for identifying and notifying ISPs
on repeat copyright infringers, ISPs will receive a notice with all
the information of the copyright infringer, which is then forwarded
to the infringer.
Additionally, Rightscorp helps ISPs maintain compliance with the
Digital Millennium Copyright ACT (DMCA). Under the DMCA, ISPs are
required to make a reasonable effort to curtail illegal activity on
their networks. ISPs are given "Safe Harbor" Protection as long as
once the ISPs are notified of a copyright infringement, they
forward the notice to their customer, and otherwise they can be
held liable. From a cost and operations perspective, a legal
perspective, and a better working relationship with content
providers perspective, ISPs utilizing Rightscorp's monetization
service is a smart decision.
"This is just the latest objective evidence on the effectiveness
of Rightscorp's monetization service," said Christopher Sabec, CEO
of Rightscorp. "As we continue adding to our copyright inventory
and collecting on IP infringements, we think other ISPs will be
compelled to cooperate with our Company. More and more, ISPs are
beginning to recognize the high potential cost of not cooperating
in the prevention of IP theft, which could leave them liable for
damages of $150,000 per infringement notice and potentially force
their closure."
Rightscorp COO and CTO Robert Steele stated, "Currently, 50 of
the 1,800 ISPs in the U.S. participate in Rightscorp's services.
This represents roughly 10% of US households, leaving room for
growth and improvement. We have approval to represent over
1,000,000 copyrights and are loading thousands into our system
every month. We have closed over 60,000 cases of infringement for
our customers and collections from unauthorized file sharing are
growing rapidly and we believe the growth rate in cooperating ISPs
will continue to accelerate with our closed cases and represented
copyrights."
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, 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 24% 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.rightscorpinc.com/
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CONTACT: For further investor and media information contact:
Andrew Haag
Managing Partner
IRTH Communications
rightscorp@irthcommunications.com
1-866-976-4784
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