SANTA MONICA, CA -- (Marketwired) -- 08/11/16 -- Rightscorp (OTCQB: RIHT), a leading provider of data analytics and litigation services to support artists and owners of copyrighted property, praises Judge Liam O'Grady's decision in the Eastern District of Virginia entering $25 Million final judgment against Cox Communications in favor of BMG Rights Management.
For nearly five years, Rightscorp has warned US internet service providers (ISPs) that they risk of incurring huge liabilities if they fail to implement and enforce policies under which they terminate the accounts of their subscribers who repeatedly infringe copyrights. Over that time, many ISPs have taken the position that it was simply impossible for an ISP to be held liable for its subscribers' actions -- even when the ISP had been put on notice of massive infringements and supplied with detailed evidence. There had never been a judicial decision holding an ISP liable. That all changed on Monday, when the first court to decide the issue held that an ISP can, indeed, be liable for the infringing activity of its subscribers.
"Although Rightscorp was not a party in this case, we are delighted with the outcome. The Federal District Court declared the liability of ISPs to be precisely what Rightscorp has been saying it is for years," said Rightscorp CEO Christopher Sabec. "With this final Federal Court ruling, not only has our position on ISP liability been confirmed, but our Company's technology and processes for collecting and documenting evidence of peer-to-peer copyright infringement on ISP networks has been validated as well."
Sabec added, "As we have consistently told ISPs, we stand ready to assist those ISPs that desire to work in a constructive way with the copyright community in order to reduce the massive infringements that occur every day on their networks. But our company has also amassed a vast amount of data documenting infringements that have occurred over the past five years on the network of essentially every ISP in the country. That data will be made available to copyright holders that wish to enforce their rights against ISPs that are not inclined toward a cooperative solution." Sabec concluded by saying, "Whether this ruling results in cooperative initiatives between ISPs and copyright holders or further litigation between them, our Company expects it will be part of the process. We are proud of the value that we have brought to our shareholders by assisting in the effort that produced Monday's ruling."
About Rightscorp, Inc.
Rightscorp (RIHT) is a leading provider of data analytics, and litigation 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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We are here to help. For recording artists, music publishers, music labels and movie studios-- we identify and educate individual copyright infringers who may be using copyrighted material without permission...
An excellent approach to the issue outlined very clearly...