Company Creates a Proprietary Database Around the Identified 25.6 Million “Address Unknown” NOIs That Have Been Filed With The Copyright Office
PR Newswire, RIHT
SANTA MONICA, Calif., Jan. 27, 2017
SANTA MONICA, Calif., Jan. 27, 2017 /PRNewswire/ — Christopher Sabec, CEO of Rightscorp (OTCQB: RIHT), a leading provider of data and analytic services to support artists and owners of copyrighted property, was featured in a January 26, 2017 interview with Chris Castle’sMusic Tech Solutions on the discussion of mass notice of intents (NOIs). Mr. Sabec addresses the challenges faced by songwriters/copyright holders as a result of the new filings with the Copyright Office, which allow certain companies, including major on-demand digital services, to manipulate a loophole in the law as a way of forcing copyright owners to let their songs be used for free.
During the interview, Mr. Sabec highlights Rightscorp’s newly developed proprietary database that assist songwriters with sorting through the manual process in determining whether they are subjected to a NOI filing. Typically, songwriters would need to download all the individual mass filings and sort through them to look for particular copyrights and search for themselves in “address unknown” filings. Rightscorp has created a searchable database to assist rights holders in determining the extent of their exposure.
Christopher Sabec, CEO of Rightscorp said, “NOIs have become a major issue in the music industry and something which began with providing good faith in finding the owner of the copyrighted songs, have now been taken advantaged of by many. As of this month, we have identified more than 25.6 million ‘address unknown’ NOIs that have been filed with the Copyright Office. Rightscorp has created a technological solution to this technological problem by building a significant database on these NOIs. We are now providing a new service offering and creating an additional asset that is beneficial to the industry as well as our shareholders. We continued to be dedicated to the vision that creative works should be protected economically on the Internet so that the next generation of great music, movies, and other content can be made and creators can prosper.”
To view the full article, please visit: https://musictech.solutions/2017/01/26/mass-noi-update-christopher-sabec-and-rightscorp-tackle-the-copyright-office-problem/
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.
Safe Harbor Statement
This press release may include forward-looking statements. All statements other than statements of historical fact included in this press release, including, without limitation, statements regarding the Company’s anticipated financial position, business strategy and plans and objectives of management of the Company for future operations, are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors not limited to, general economic and business conditions, competitive factors, changes in business strategy or development plans, the ability to attract and retain qualified personnel, and changes in legal and regulatory requirements. Such forward-looking statements reflect the current views of the Company with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the Company. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this paragraph.