SANTA MONICA, Calif.,
March 31, 2014 /PRNewswire/ --
Rightscorp (OTCQB: RIHT), the leading provider of monetization
services for artists and holders of copyrighted Intellectual
Property (IP), announced that is has received the rights to
represent more than 13,000 copyrights from Blue Pie Productions,
one of the world's leading independent labels, publishers, and
distributors.
"We are honored to secure this representation agreement with
Blue Pie Productions," said Christopher
Sabec, CEO of Rightscorp. "Being acknowledged by a
well-respected international label is meaningful as it demonstrates
the value of our services to monitor and protect artists against
copyright infringements. Global recorded music sales have suffered
approximately $1.5 billion annually
due to piracy which is why we are focused on helping content owners
track and monetize their assets."
The Recording Industry Association of America (RIAA) states that
since peer-to-peer (P2P) file-sharing emerged in 1999, music sales
in the U.S. have dropped 53%, from $14.6
billion to $7.0 billion in 2012. According to the RIAA,
approximately 30 billion songs were illegally downloaded on
file-sharing networks between 2004 and 2009.
About Blue Pie Records
Blue Pie Records has offices in
the USA, Canada, UK, Germany, France, Indonesia, India, China,
and Australia. It is one of the
world's leading independent record labels, publishers and
distributors. It represents over 3,000 artists and over 200 leading
independent labels from all over the world. Blue Pie's artist and
icon artist roster continues to expand and includes acts like
Beck Black, Jessy Tomsko,
Danny Saber, Bon Scott (ACDC),
Kevin Dippold, Dale Bozzio, Peter
Head, HeadBand, Chris Bailey
(The Angels), Phil Manzanera,
Peter Noone and with live concert
performances from Chicago, The
Car's,Tony Hatch and Dave Evans to
name a few.
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, books,
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 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
rightscorp@irthcommunications.com
1-866-976-4784
SOURCE Rightscorp, Inc.