OTCQB: RIHT February 24, 2017

Digital Piracy

bill gates open letter.jpgThe personal computer debuted on the cover of Popular Electronics in January 1975 and a year later Bill Gates of Microsoft was battling piracy as he was trying to get his fledgling company Microsoft off the ground. In his letter to software pirates of that era, he wrote "Who cares if the people who worked on it get paid?"

The Arrival of P2P

Shawn  Fanning, while a student at Northeastern University in Boston, changed  the  music and media industry with his creation of a digital  file‐sharing program called  Napster. In 1999, he created a software program that allowed computer users to  share and  exchange files.  Napster had several hundred thousand users by the  spring of 2000, and had grown to over 50 million users by February 2001.  This technology is called Peer-to-peer or P2P because it allows "peers", ordinary computers to exchange files between themselves.

By 2008, P2P traffic had become 44% of all consumer internet traffic globally and according to “P2P Traffic to Grow Almost 400% over the Next 5 Years, as Legitimate P2P Applications Become a Meaningful Segment” from MultiMedia Intelligence, P2P traffic would grow by 400% by 2013.

By 2010, according to “Verizon Gets Ahead of the Broadband Crunch” in The Wall Street Journal, file sharing accounted for approximately 35% of all global internet traffic, more than twice as much as web browsing and is forecast to nearly double from 2010 to 2013 to almost 10 Petabytes a month.

growth of p2p.jpg

The chart above was generated from data by Cisco in its “Global IP Traffic Forecast and Methodology, 2006-2011” and featured at www.satmagazine.com.