Rightscorp Applauds $25 Million Judgment Against Cox Communications
11 August 2016 - 10:45PM
Marketwired
Rightscorp Applauds $25 Million Judgment Against Cox
Communications
ISP Held Liable for the Infringing Activity of Its
Subscribers
SANTA MONICA, CA-(Marketwired - Aug 11, 2016) - Rightscorp
(OTCQB: RIHT), a leading provider of data analytics and litigation
services to support artists and owners of copyrighted property,
praises Judge Liam O'Grady's decision in the Eastern District of
Virginia entering $25 Million final judgment against Cox
Communications in favor of BMG Rights Management.
For nearly five years, Rightscorp has warned US internet service
providers (ISPs) that they risk of incurring huge liabilities if
they fail to implement and enforce policies under which they
terminate the accounts of their subscribers who repeatedly infringe
copyrights. Over that time, many ISPs have taken the position that
it was simply impossible for an ISP to be held liable for its
subscribers' actions - even when the ISP had been put on notice of
massive infringements and supplied with detailed evidence. There
had never been a judicial decision holding an ISP liable. That all
changed on Monday, when the first court to decide the issue held
that an ISP can, indeed, be liable for the infringing activity of
its subscribers.
"Although Rightscorp was not a party in this case, we are
delighted with the outcome. The Federal District Court declared the
liability of ISPs to be precisely what Rightscorp has been saying
it is for years," said Rightscorp CEO Christopher Sabec. "With this
final Federal Court ruling, not only has our position on ISP
liability been confirmed, but our Company's technology and
processes for collecting and documenting evidence of peer-to-peer
copyright infringement on ISP networks has been validated as
well."
Sabec added, "As we have consistently told ISPs, we stand ready
to assist those ISPs that desire to work in a constructive way with
the copyright community in order to reduce the massive
infringements that occur every day on their networks. But our
company has also amassed a vast amount of data documenting
infringements that have occurred over the past five years on the
network of essentially every ISP in the country. That data will be
made available to copyright holders that wish to enforce their
rights against ISPs that are not inclined toward a cooperative
solution." Sabec concluded by saying, "Whether this ruling results
in cooperative initiatives between ISPs and copyright holders or
further litigation between them, our Company expects it will be
part of the process. We are proud of the value that we have brought
to our shareholders by assisting in the effort that produced
Monday's ruling."
About Rightscorp, Inc.
Rightscorp (RIHT) is a leading provider of data analytics, and
litigation services to support artists and owners of copyrighted
Intellectual Property (IP). The Company's patent pending digital
loss prevention technology focuses on the infringement of rights to
digital content such as music, movies, software, books and games
and ensures that the rights of owners and creators are protected.
Rightscorp works closely with its clients to develop programs of
education and notice, and as necessary to pursue copyright
infringers for their illegal file sharing activities via
notifications sent through Internet Service Providers (ISPs). The
Company's technology identifies copyright infringers, who are
provided information about copyrights and the importance of
Intellectual Property and offered a reasonable opportunity to
terminate their activities and pay a nominal settlement option that
is generally a fraction of the statutory minimum in an effort to
avoid the need for expensive litigation. With minimum statutory
penalties of $750 and up to $150,000 per infringement, Rightscorp's
technology and process of notice allows all parties to efficiently
and economically address copyright infringement without the costs
and burdens of litigation. Based on the fact that 22% of all
Internet traffic is used to distribute copyrighted content without
permission or compensation to the creators, Rightscorp's technology
and process provides one of the best and most cost efficient means
of addressing this issue for both the artists and those who have
infringed their works.http://www.rightscorp.com/
Safe Harbor Statement
This press release may include forward-looking statements. All
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regarding the Company's anticipated financial position, business
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relate to the Company or its management, identify forward-looking
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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
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Company or persons acting on its behalf are expressly qualified in
their entirety by this paragraph.
Contact Information
For further investor and media information contact:Christopher
SabecCEORightscorp, Inc.310.751.7510investors@rightscorp.com
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