Company Closes 234,685 Cases since Inception; Increases ISP Participation By 42%; Ingests 308,896 Copyrights
SANTA MONICA, Calif., Aug. 7, 2015 /PRNewswire/ -- Rightscorp (RIHT), a leading provider of data and analytic services to support artists and owners of copyrighted Intellectual Property (IP), announced today that it has increased the number of cases closed from 222,941 at the end of June to 234,685 as of August 1, 2015, for an increase of 5% and over 11,000 cases in one month. The Company increased Internet Service Provider (ISP) participation from 233 in March 2015 to 331 (296 ISPs + 35 colleges and universities) as of August 1, 2015, representing a 42% increase. Copyrights ingested increased to 308,896, up from 256,000 in March representing an increase of 20%. The company has approval to collect on the more than 1.5 million copyrights it represents.
"We have made incredible progress over the last few months as we have steady growth in key metrics pertaining to the success of the Company," said Christopher Sabec, CEO of Rightscorp. "Closing over 11,000 cases in month one is exciting news as it adds value for our clients and for us, as does increasing ISP participation by a healthy 42%. Every single ISP that works with us opens the door to thousands of potential infringements on their network that can be tracked and monetized."
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 to more than 331 ISPs and has closed over 234,685 cases of copyright infringement to date.
About Rightscorp, Inc.
Rightscorp (RIHT) is a leading provider of data and analytic 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 owners and creators are rightfully paid for their IP. Rightscorp implements existing laws to resolve 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 in comparison 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.
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SOURCE Rightscorp, Inc.
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