Search Slyck  
Rightscorp Scores More Copyrights to Protect from The Royalty Network
July 11, 2014
Amanda Marie
Font Bigger Font Smaller
Rightscorp is still moving full speed ahead with the copyright war. In an announcement today, it was stated that the company has secured yet another copyright representation agreement, this time with The Royalty Network. The Royalty Network’s catalogue includes such artists as; Pete Seeger, Beyonce, Daughtry, Shaggy, Flo Rida, Kelly Clarkson, The Black Eyed Peas, Coldplay, and Lil Wayne as well as film and television shows such as "The Hangover," "American Idol," "Gossip Girl", "Dancing With The Stars", "The Hills", "Pretty Little Liars" and many others.

"We are thrilled to partner with The Royalty Network to help protect their growing catalog of copyrighted works," said Christopher Sabec, CEO of Rightscorp. "Content owners continue to discover that our monitoring service is the best viable solution to protect their assets from illegal infringement and ensure that they are compensated for any infringements that do occur. The Royalty Network is a major force in the music industry and has an excellent reputation for its business practices, as well as attracting and working with some of the biggest superstars in the world. At the core, our two companies are very much aligned in our thinking. We want to inform and protect the copyright holder from infringement and loss of revenue. The Royalty Network's reputation for client satisfaction makes it a sought after place for artists, songwriters, and producers. We look forward to building this business relationship, which I believe will be very fruitful in the years to come."

In April, we reported that Rightscorp had secured an agreement for 600 copyrights to protect with Rotten Records which represents the extreme metal and hardcore acts such as Acid Bath, Dog Fashion Disco, Salt The Wound, D.R.I. and many others. In March, Rightscorp announced that they received the rights to represent more than 13,000 copyrights from Blue Pie Productions, and in February the company began monitoring 13 songs on the Billboard Hot 100.

Prior to the new agreements signed so far this year, the company was already representing more than 1,000,000 copyrights. They have partnered with major motion picture studios, numerous Platinum recording artists, Academy Award-winning films, top TV shows and many others. They claim that they have already received settlements from subscribers of more than 50 ISPs, and through April of this year, the company had already closed over 50,000 cases of copyright infringement.

As we reported in May, the company had its sights set on pursuing pirates in the UK.

Rightscorp describes their business model as, “A leading provider of monetization services for artists and holders of copyrighted intellectual property (IP). The Company's patent pending digital loss prevention technology focuses on the infringement of digital content such as music, movies, software, books and games and ensures that owners and creators are rightfully paid for their intellectual property (IP). Rightscorp implements existing laws to solve 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 when compared to the legal liability defined in the Digital Millennium Copyrights Act (DMCA). Because 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."

While Rightscorp continues to bolster its confidence with new agreements on behalf of rightsholders, and Sabec did use the words "fruitful for years to come" when describing this this new agreement, we’re still waiting to see proof that this "pay up or else" scheme will ever be profitable in the long run. Their first quarter 2014 financials revealed a net loss of $640k, and the second quarter results of 2014 should be announced soon.

Apparently it's all about protecting more copyrights to lose more money. Or at least that's how things have been progressing so far.

This story is filed in these Slyck News categories

You can discuss this article here

© 2001-2019