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/
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