SANTA MONICA, Calif., Nov. 11, 2014 /PRNewswire/ -- Rightscorp (OTCQB: RIHT), the leading provider of monetization services for artists and holders of copyrighted Intellectual Property (IP), announced today that it has increased growth in each of its key operating metrics, factors which directly impacts the Company's growth. The Company reported that it has closed over 130,000 cases of copyright infringement to date, up from 100,000 in September 2014, representing a 30% increase in just one month. The Company increased its ISP participation from 140 to over 150, representing a growth of over 6% since previously releasing figures in July 2014. Rightscorp also increased the number of copyrights ingested into its proprietary copyright monetization system from 80,000 to over 160,000, representing a 100% increase from last reporting.
Christopher Sabec, CEO of Rightscorp, said, "Our growth is measured by increasing three key metrics: the number of copyrights we ingest into our system, the number of cases we close, and the number of participating ISPs. These key metrics directly impact our performance and financial results. We reported a 6% increase in the number of participating ISPs, a 30% increase in the amount of cases closed, and a staggering 100% increase in the ingestion rate. We recently announced an injection of capital and, as a direct result, have been able to streamline the business to recognize growth in our operational metrics. We are pleased with our healthy growth as we actively execute on our strategy."
The Company 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 of more than 150 ISPs and closed over 130,000+ cases of copyright infringement to date.
About Rightscorp, Inc.
Rightscorp (OTCQB: 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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SOURCE Rightscorp, Inc.