SANTA MONICA, Calif.,
June 06, 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 been
profiled in Ars Technica, a technology, news and information
website with 6.9 million average unique monthly visitors and 39.4
million average monthly page views, with its featured article
titled, "You could be liable for $150k in penalties—settle instead for
$20 per song."
The article by Joe Mullin gives
background details on Rightscorp, how the Company works, and how it
addresses the copyright infringement problem with its unique
solution. Rightscorp is able to identify repeat infringers even if
their IP addresses are changed due to its proprietary method of
identifying users. The article goes into more detail about
copyright holders vs. ISPs and the current market.
Additionally, the article sheds light on an alternative method
to Rightscorp's solution, a "six strikes" system, which Rightscorp
feels is insufficient to reign in the problem. Rightscorp's patent
pending solution identifies repeat offenders and forwards
notification and a settlement offer to the offender's ISP. Under
the Digital Millennium Copyright Act (DMCA), ISPs are legally
obligated to take some form of action to curtail repeat infringers
on their systems. If an ISP does nothing after being notified, it
could be liable for up to $150,000
per infringement as it loses "safe harbor" under the DMCA and
subjects itself to third party liability.
Mullin mentions that the Company is small "but it's growing
fast" and its increase of revenue from $100,000 in 2012 to $324,016 in 2013 has Rightscorp "on pace to blow
that record away again." Mullin states, "In any case, many Internet
users who don't know the name of Rightscorp may be learning it
soon."
Christopher Sabec, CEO of Rightscorp, commented, "We are very
pleased with the coverage that we received from Ars Technica and
the way they explained our business model. Rightscorp has a
streamlined solution in place that is extremely effective and
cannot be duplicated because of our unique technology. Rightscorp
is on the cusp of making significant strides in the copyright
infringement marketplace as we move to the forefront as the ideal
solution for copyright holders."
The full article can be accessed by using this link:
http://arstechnica.com/tech-policy/2014/06/meet-rightscorp-the-internets-new-for-profit-copyright-cop/
About Ars Technica
Ars Technica is a technology news
and information website that publishes news, reviews and guides on
topics relating to computer hardware and software, science,
technology policy, and video games. Ars Technica is an asset owned
by Conde Nast Digital, the online division of Conde Nast
Publications and included in their Wired Digital group, which also
includes Wired News and, formerly, Reddit.
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/
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
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such as "anticipate," "believe," "estimate," "expect," "intend,"
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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.