SANTA MONICA, Calif.,
Nov. 24, 2014 /PRNewswire/ --
Rightscorp (OTCQB: RIHT), a provider of monetization services for
artists and holders of copyrighted intellectual property (IP),
announced today that it has increased its ISP participation from
150 to over 200, representing a growth of over 33%. ISP
participation is a key operating metric that directly impacts
Company growth and opens up a larger revenue stream as each ISP can
represent thousands of potential infringements that can be
monetized by the Company. There are approximately 1800 ISPs in
the United States, and Rightscorp
represents around 15% of the space.
"A 33% gain since we last reported our numbers earlier in the
month is a huge jump in ISP participation," said Christopher Sabec,
CEO of Rightscorp. "We can attribute this increase to our
persistence and hard work. In addition, many ISPs work with us to
help curb copyright infringement on their networks and to reduce
the large amount of bandwidth that infringers use. ISP
participation is one of the three key metrics we use to measure
growth."
Rightscorp 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,
authors, and many other rights holders. Rightscorp has already
received settlements from subscribers of more than 200 ISPs and
closed over 130,000+ cases of copyright infringement to date.
About Rightscorp, Inc.
Rightscorp (OTCQB: RIHT) is a
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,
books, 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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SOURCE Rightscorp