Rightscorp Signs Agreement with China's CNLive to Monitor Chinese Content in the U.S. Against Copyright Infringement
SANTA MONICA, Calif., Oct. 17, 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, announced today that it has secured an agreement with CNLive Culture Media, Inc., a culture and media company that distributes content over mobile devices in the People's Republic of China.
CNLive is one of only seven entities licensed by the government to distribute content over mobile devices in the People's Republic of China. This agreement will provide Rightscorp the right to track, enforce, and monetize any of CNLive's programming content being illegally distributed on peer-to-peer platforms within the U.S. The deal comes a week after Rightscorp announced its engagement of Chinese entrepreneur Mr. Vincent Yen to help expand its copyright infringement protection services internationally.
"This collaboration is a major initiative and allows us to monitor for illegal P2P distribution of Chinese content, which has a huge demand in the U.S.," Rightscorp President Christopher Sabec commented. "The sheer numbers of CNLive's distribution in China are staggering, and we are excited to be working with a content owner from this high-growth region to monetize against copyright infringement and on educating public awareness on the detrimental effects to the overall entertainment industry. The launch of this program in the U.S. is a first step, and we look forward to working with CNLive to further enhance value for our shareholders."
CNLive holds the license to distribute content via mobile and IP-enabled devices nationwide. The main enterprise of CNLive is the distribution of content to internet-connected mobile devices.
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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1-866-976-4784
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SOURCE Rightscorp, Inc.
