SANTA MONICA, Calif., Oct. 2, 2017 /PRNewswire/ -- Rightscorp (OTCQB: RIHT), a leading provider of data analytics and litigation services, as well as copyright infringement protection services to support artists and owners of copyrighted property, has announced plans to further its international expansion with the signing of a consulting agreement with Chinese entrepreneur Mr. Vincent Yen to formalize an agreement with a major Chinese media company, to monitor copyrighted content for online infringement from the world's most populous country, the People's Republic of China.
As part of the agreement, Mr. Yen will assist Rightscorp in securing an exclusive anti-piracy relationship to represent Chinese audio and visual copyrights and monitor peer-to-peer activity in the U.S. for infringement of Chinese content. Discussions are underway to bring Rightscorp's technology to China for both Chinese and U.S. content.
Since 2005, The National Copyright Administration in Beijing has pledged a campaign against online piracy, targeting unauthorized streaming, downloading and sales of literary, film, television and music works. Beijing's municipal copyright administration has been monitoring videos and music streaming websites to deter copyright violation. The Ministry of Industry and Information Technology pledged to offer full support on internet supervision and detection to help the fight against online piracy.
Rightscorp President, Christopher Sabec stated, "Participating in the Chinese market has always been compelling. We have held promising meetings in Beijing with both State Administration of Radio, Film, and Television (SARFT) and Chinese media companies, and are extremely excited to be working on initiatives to educate on the detrimental affects of illegal peer-to-peer file sharing. We are a proven solution for tracking, enforcement, and monetization of P2P infringements, and believe this is yet another testament to the effectiveness of our value and service."
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 the rights of owners and creators are protected. Rightscorp works closely with its clients to develop programs of education and notice, and as necessary to pursue copyright infringers for their illegal file sharing activities via notifications sent through Internet Service Providers (ISPs). The Company's technology identifies copyright infringers, who are provided information about copyrights and the importance of Intellectual Property and offered a reasonable opportunity to terminate their activities and pay a nominal settlement option that is generally a fraction of the statutory minimum in an effort to avoid the need for expensive litigation. With minimum statutory penalties of $750 and up to $150,000 per infringement, Rightscorp's technology and process of notice allows all parties to efficiently and economically address copyright infringement without the costs and burdens of litigation. Based on the fact that 22% of all Internet traffic is used to distribute copyrighted content without permission or compensation to the creators, Rightscorp's technology and process provides one of the best and most cost efficient means of addressing this issue for both the artists and those who have infringed their works.
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