UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF
THE
SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): June 25, 2014
RIGHTSCORP,
INC.
(Exact
name of registrant as specified in its charter)
Nevada |
|
000-55097 |
|
33-1219445 |
(State or other jurisdiction |
|
(Commission |
|
(I.R.S. Employer |
of incorporation) |
|
File Number) |
|
Identification Number) |
3100
Donald Douglas Loop North
Santa
Monica, CA 90405
(Address
of principal executive offices) (zip code)
310-751-7510
(Registrant’s
telephone number, including area code)
Copies
to:
Gregory
Sichenzia, Esq.
Jeff
Cahlon, Esq.
Sichenzia
Ross Friedman Ference LLP
61
Broadway
New
York, New York 10006
Phone:
(212) 930-9700
Fax:
(212) 930-9725
(Former
address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
8.01 Other Events.
On June 25, 2014, Rightscorp, Inc. (the “Company”)
posted a presentation on its website, a copy of which is attached as Exhibit 99.1 hereto.
On
July 1, 2014, the Company issued a press release, a copy of which is attached as Exhibit 99.2 hereto.
Item
9.01 - Financial Statements and Exhibits
(d) Exhibits
99.1
Presentation of Rightscorp, Inc.
99.2
Press Release of Rightscorp, Inc.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
|
RIGHTSCORP,
INC. |
|
|
|
Dated:
July 1, 2014 |
By: |
/s/
Christopher Sabec |
|
Name: |
Christopher
Sabec |
|
Title: |
Chief
Executive Officer |
Rightscorp
CEO Delivers Key Presentation At The Anti-Piracy & Content Protection Summit
CEO
Discusses ISP Liability for Subscriber Infringements
Santa Monica,
Calif. - July 1, 2014 – Rightscorp (OTCQB: RIHT), the leading provider of monetization services for artists and holders
of copyrighted Intellectual Property (IP), announced today that its CEO Christopher Sabec delivered a key presentation at the
5th Annual Anti-Piracy & Content Protection Summit at the Hyatt Regency Century Plaza Los Angeles on June 24, 2014. Mr. Sabec
presented on the legal obligations of Internet Service Providers (ISPs) to content creators and their liability for subscriber
infringements.
In his presentation,
Mr. Sabec highlighted that peer-to-peer piracy made up 42% of all North American upload traffic and that under U.S. law, no one
is legally entitled to participate in piracy with impunity -- not even ISPs. Mr. Sabec encouraged rights holders to hold ISPs
accountable for piracy on their networks.
Mr. Sabec
presented an overview of the concepts of contributory and vicarious copyright infringement and how they apply to ISPs. He also
discussed the origins and implementation of the Digital Millennium Copyright Act (DMCA) and its four safe harbors. Mr. Sabec emphasized
that the safe harbors aren’t unconditional, but have eligibility requirements contained in Subsection 512 (i) that ISPs
must adhere to, including having a complaint repeat infringer policy. Mr. Sabec quoted Capitol Records v. MP3tunes reminding
the audience that the “[p]urpose of the conditions for eligibility provision of the DMCA is to deny protection to service
providers that tolerate users who flagrantly disrespect copyrights.”
“Copyright
infringement is prevalent in U.S. and is forecasted to grow 170% by 2016,” said Christopher Sabec, CEO of Rightscorp.
“We have a proven solution that works and we were pleased that we could present and share our information with key industry
executives at the Summit so they could protect themselves and their clients. We push ISPs to suspend accounts of repeat copyright
infringers and we currently have over 140 ISPs that are participating in our program, including suspending the accounts of repeat
infringers.”
The 5th
Annual Anti-Piracy & Content Protection Summit brought together experts in Film, TV, Gaming, Music, Software, Sports and e-Publishing
industries along with content producers and developers, law enforcement, government policymakers, legal experts and many other
individuals and leaders to discuss development solutions to optimize their content and copyright protection processes.
Rightscorp
currently 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 and many others. Rightscorp has already received settlements from subscribers
of more than 140 ISPs and closed over 75,000 cases of copyright infringement to date.
To review
presentation materials please visit: http://content.stockpr.com/rightscorp/media/67cf3ec75afab22568a466dbe1b770f5.pdf
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 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
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