Rightscorp Launches Streaming Rights Monitoring (SRM) Service
Company's New SRM Helps Fight Unauthorized Rebroadcasts
SANTA MONICA, Calif., May 6, 2015 /PRNewswire/ -- Rightscorp (OTCQB: RIHT), the leading provider of monetization services for artists and holders of copyrighted Intellectual Property (IP), announced today that it has launched its Streaming Rights Monitoring (SRM) service for broadcasters and content owners who want to prevent unauthorized rebroadcasts of their content. The service includes optional 365x24x7 monitoring of mobile streaming networks and associated data collection and reporting services.
Christopher Sabec, Rightscorp CEO, stated, "We believe that creators and owners of content should have the right to determine how their content is distributed. Our new SRM service is designed to assist rights holders in retaining and exercising their rights to determine how their content is distributed and monetized."
Robert Steele, Rightscorp President added, "The piracy of the Mayweather vs. Pacquiao boxing match illustrated new challenges for content owners to get compensated for their content. Our system sees hundreds of millions of events of illegal content distribution around the world in which the content owner is not paid, while other participants in the piracy ecosystem are making money. As cable subscription, PPV, and VOD revenues continue to decrease, unauthorized uses where the owner and creator receives no compensation are literally exploding. We are excited about bringing new solutions to content creators."
About Rightscorp, Inc.
Rightscorp (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, 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.
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SOURCE Rightscorp
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