Rightscorp's Proprietary Copyright Monetization System Offers Solution to Pre-Release P2P File Sharing
Rightscorp (OTCQB: RIHT), the leading provider of monetization services for artists and holders of copyrighted Intellectual Property (IP), offers a solution to a recent article which cites the rise of pre-release copyright infringements of motion picture films and TV shows. Rightscorp can use its proprietary tracking capabilities to monitor infringements prior to film and TV show releases and allow owners to monetize infringements and take immediate action to limit damages.
Expendables 3, the third installment of the successful action movie series, is just the latest victim to suffer from pre-release copyright infringement and has been illegally Downloaded over 2.2 million times, according to a recent article by The Wall Street Journal, stating "Pre-release piracy reduces a movie's domestic box-office take by an average 19%, according to findings by researchers at Carnegie Mellon University." Expendables 1 and Expendables 2 grossed $274 million and $305 million worldwide, respectively. A 20% loss for a movie like Expendables 3 will cost millions of dollars in sales. Expendables 3 was released in theaters on Friday, August 15, 2014.
Many other movies have been pirated before they were released in theaters or released for sale. Dallas Buyers Club, which won many Academy Awards, was available on P2P networks before it was available on sale. Popular TV shows are often affected by this problem. According to The Telegraph and other sources, HBO's Game of Thrones is the most illegally Downloaded TV show worldwide, followed by The Walking Dead, The Big Bang Theory, Breaking Bad, Netflix's Original Series House of Cards and others. Within minutes of shows airing, infringers can upload and download the shows illegally.
"Not only does Rightscorp have a solution for current copyright infringements, it also has a customizable solution for clients seeking pre-release protection," said Christopher Sabec, CEO of Rightscorp. "The cost attributed to a major motion picture that is leaked before it is commercially released can be monumental in lost sales and revenue. We offer a viable answer to this problem. Monitoring a movie before it is released gives us the chance to seek out potential threats and act quickly if a threat emerges. Rightscorp's system we have developed can be customized to meet a client's pressing need in the critical release and pre-release window."
Mr. Sabec continued, "We have closed over 75,000 cases of copyright infringement to date and that number continues to increase. Although pre-release infringement can't be completely eliminated, Rightscorp does possess the best tools to curb the problem and the best chance at monetizing and protecting the studios and copyright holders."
Rightscorp's proprietary technology solution was highlighted in the NY Post. The full article can be
accessed at: http://nypost.com/2014/08/24/expendables-3-tanked-because-of-leaked-version-distributor/