SANTA MONICA, Calif., Aug. 18, 2015 /PRNewswire/ -- Rightscorp (OTCQB: RIHT), a leading provider of data and analytic services to support artists and owners of copyrighted intellectual property, announced today that it has renewed its agreement with The Bicycle Music Company, a globally influential independent music publisher, record label, and rights manager.
"Since the inception of our business, we've made it a mission to educate our clients, industry experts and copyright owners on the detrimental affects of illegal peer-to-peer file sharing," said Christopher Sabec, CEO of Rightscorp. "We were extremely excited to represent The Bicycle Company given their diverse library of songs, and we are even more pleased now that we have the opportunity to renew our contract and represent their impressive portfolio into the future."
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 collected settlements from subscribers to more than 331 Internet Service Providers and has closed over 234,685 cases of copyright infringement to date.
About The Bicycle Music Company
The Bicycle Music Company, founded in 1974, is a full service independent music publisher, record label, and rights holder committed to exceptional, creative growth in the value of its catalogs. Bicycle has acquired over 50,000 copyrighted works, including standards, hits, and staples such as Crossroads Blues, Bust A Move, Eye of the Tiger, Guantanamera, Lady Sings The Blues, Let Your Love Flow, Man In the Mirror, Sister Christian, Slow Ride, Stand By Your Man, Time After Time and the songs from A Chorus Line. Bicycle's song catalog includes works by Roy Ayers, Glen Ballard, Marty Balin, Sammy Cahn, Wes Farrell, The Fixx, Foghat, Marvin Hamlisch, Billie Holiday, Robert Johnson, Montell Jordan, Cyndi Lauper, Ernie Maresca, Marilyn Manson, Night Ranger, Nine Inch Nails, Jim Peterik, Pete Seeger, Third Eye Blind, Tammy Wynette and Dwight Yoakam. Bicycle's master recording catalog includes works by AFI, The Brand New Heavies, The Connells, Creed, Drowning Pool, Evanescence, Finger Eleven, Nine Inch Nails, The Offspring, The Pharcyde, Social Distortion, Seether, The Skyliners, Tone Loc, Brenton Wood and Young MC.
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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