Article Highlights Trends in Online Piracy via Peer-to-Peer File Sharing
SANTA MONICA, Calif., July 21, 2015 /PRNewswire/ -- Rightscorp (OTCQB: RIHT), a leading provider of data and analytic services to support artists and owners of copyrighted Intellectual Property (IP). announced today that its COO/CTO Robert Steele's article was featured in Digital Music News titled, "If You Think Piracy Is Decreasing, You Haven't Looked at the Data…"
In the article, Mr. Steele notes that file sharing in North America expanded by 44% from 2008 to 2014. He says that worldwide file-sharing piracy has grown by 80% from 2008 to 2014 demonstrating that the proliferation of file-sharing has spiked on a massive global scale.
Other alarming statistics in the U.S. include:
- US home video revenue has dropped by 30% since 2007, including PPV, VOD and all new streaming platforms.
- According to the Nashville Songwriters Association International, the number of full-time songwriters in Nashville has dropped by 80% since 2000. This was a new low point since data started tracking in 1991.
- According to the Writers Guild Association – West, screenwriters' earnings were down by nearly 25 percent in 2013 from 2009.
- According to the Bureau of Labor Statistics, there were 39,260 people in the United States classified as "Musicians and Singers." This is down by 27% from 53,940 in 2002.
To access the full article, please visit: http://www.digitalmusicnews.com/permalink/2015/07/16/if-you-think-piracy-is-decreasing-you-havent-looked-at-the-data-2
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 owners and creators are rightfully paid for their IP. Rightscorp implements existing laws to resolve copyright infringements by collecting payments from illegal file sharing activities via notifications sent through Internet Service Providers (ISPs). The Company's technology identifies copyright infringers, who are offered a reasonable settlement option in comparison to the legal liability defined in the Digital Millennium Copyrights Act (DMCA). Based on the fact that 22% of all Internet traffic is used to distribute copyrighted content without permission or compensation to the creators, Rightscorp is pursuing an estimated $2.3 billion opportunity and has monetized major media titles through relationships with industry leaders.
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SOURCE Rightscorp, Inc.