SANTA MONICA, Calif.,
May 20, 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 added an additional
500,000 new copyrights for representation, bringing its total
ownership portfolio to over 1.5 million copyrights.
Rightscorp has been actively increasing the number of copyrights
that it can protect and monetize by constantly adding new
copyrights into its system. Rightscorp now represents over 1.5
million copyrights. The Company's proprietary patent-pending
copyright infringement monitoring software protects copyright
owners against digital loss and the unauthorized online
distribution of content including music, movies, games, books,
software, and other digital content.
"We are building momentum as the most effective piracy solution
for this industry as we cross the threshold from 1 million to more
than 1.5 million copyrights," said Christopher Sabec, CEO of
Rightscorp. "This is a clear milestone as it directly impacts our
growth as we continue to expand in the market. We are now
tracking infringements on award-winning films, over 10 tracks in
the Billboard Hot 100, a best selling author, and we are in
discussions with many more content owners. This is a testament that
we are recognized as leaders in the protection and monetization of
copyrighted IP. Our proven business strategy is attracting
copyright holders to seek us out in the ongoing battle of copyright
infringement and our recently reported triple digit revenue growth
shows that our model works."
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 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.