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Rightscorp Issues Shareholder Update Letter

Company Discusses Recent Developments in Copyright Law and Strong Momentum for 2nd Half of 2017

PR Newswire

SANTA MONICA, Calif., June 13, 2017

SANTA MONICA, Calif.June 13, 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 that the Company has issued a letter to shareholders to provide an update on the Company's recent progress.

Highlights of the letter include:

  • Rightscorp's involvement in a variety of high-profile cases in the media and recent developments in copyright law that support rightsholders
    Aug. 2016: Judge O'Grady upholds jury decision for $25 Million verdict in favor of BMG
    Feb. 2017: Cox ordered to pay $8 Million in legal fees awarded to BMG
    April 2017: Industry lawsuit filed against Grande Communications using evidence supplied by Rightscorp, Inc.
    Reference to the Company's generation of $1.4 million in revenues
    References to the Company's efforts for maximizing shareholder value by monetizing the Company's proprietary technology and services, which include litigation consulting, data services and an ISP good corporate citizenship program
    References to the Company's efforts to enhance its restructuring and a summary of corporate initiatives

To read the Shareholder Update Letter in its entirety, please visit: http://content.equisolve.net/rightscorp/media/39569fe41f522a8e684239392302062e.pdf

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Rightscorp (OTCQB:RIHT) monetizes 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, and games and ensures that owners and creators are rightfully paid for their 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). Based on the fact that 24% of all internet traffic is used to distribute copyrighted content without permission, Rightscorp is pursuing an estimated $2.3 billion opportunity and has monetized major media titles through relationships with industry leaders.





One Year Target Price :  $6.71 (assuming a 4X Price to Sales Ratio)


CFA Research Report: http://bit.ly/RIHTAnalystReport


 

Is The Piracy Threat Really Decreasing?

Flat or declining revenues at major media companies like Sony and Viacom is contrary to recent reports that digital piracy is declining.

Recently, there has been a lot of discussion surrounding a few articles suggesting that online piracy is decreasing.  From where I sit that is not the case.  I am the Chief Technology Officer and Chief Operating Officer of a company that helps monetize copyrighted intellectual property (IP) for the artists and holders of copyrights.

A brief overview of the public filings of Viacom and Sony, two major players in the production and distribution of copyrighted intellectual property shows that one has no growth over 3 years and the other has declining revenues. In fact, Moody’s recently expressed concern that Sony will be unable to maintain future profitability and has downgraded the Company’s debt rating to “junk” status. Due to various external circumstances including “rapid changes in technology”, Moody’s announced that it would be difficult for Sony to improve their financial position in the near-term

Much of the claims that piracy is declining are based on a new report published by Sandvine,  To get our levels set correctly here, Sandvine is a Canadian company, which as it ends up, makes software to assist ISPs to “shape” i.e. control, BitTorrent traffic.  BitTorrent is the primary tool for file sharing and pirating content online.  This report declares that “Filesharing now accounts for less than 10% of total daily traffic in North America”  This has been widely touted in various blogs as a decrease in piracy.  Specifically, the report states that during the second half of 2013, filesharing’s share of aggregate peak-period traffic in North America (not worldwide) fell to 8.93% from 10.5%. This data is being shown as proof that the proliferation of legal services that distribute copyrighted content such as Spotify, Netflix, YouTube, are helping to combat the fight against piracy.

If we had written a narrative regarding the same data, we would have stated that BitTorrent piracy grew by data volume during the period.  Since Sandvine’s clients are ISPs, they don’t want to highlight this embarrassing fact about how their clients are harming companies like Sony and Viacom, so they feature the statistics that paint their client’s in the best light. 

In regards to their narrative on their findings we see problems with the report–all of which should cause companies, investors and owners of copyrighted IP to be skeptical of any optimism about the decline of online piracy. Among them:

1) The report estimates that total traffic from the first half of 2013 to the second half of 2013 increased 20-30%.  This means that the total amount of data used for filesharing increased.  The 8.93% of internet traffic in the second half of 2013 is more movies, music and video games consumed illegally than the 10.5% indicated in the first half of 2013 because the overall “pie” grew by 20% to 30%.

2) The report shows BitTorrent’s share of total Internet traffic increased, as did total volume of BitTorrent traffic, everywhere else they measure–Europe, Asia-Pacific, and Latin America (as it has in every report published).

3) The narrative does not take into account the increase use of VPNs (Virtual Private Networks) or proxies increasingly used by BitTorrent users to “mask” where their traffic is coming from. SSL (Secure Sockets Layer) traffic, used by VPN services, more than doubled in the past year (as reported by Sandvine).  They include data on VPN usage but leave that out of their analysis on filesharing.

4) We believe that the report is misleading when it states “Long are the days when filesharing accounted for over 31% total daily traffic, as we had revealed in our 2008 report.”  The total amount of fixed data transferred on the internet grew by more than 310% between 2008 and 2012 from 9,927 Petabytes per month to 31,388 Petabytles per month.  We are still waiting for total 2013 internet traffic totals.  So 8.93% of internet traffic in 2012 used for filesharing is a lot more music and movies files than 31% of internet traffic in 2008.

4) The report hinges its filesharing debate solely on public BitTorrent, ignoring the rise in popularity of “dark nets” including Tor and other encrypted digital lockers used for online piracy.

5) Despite the increase in total traffic, U.S. digital track sales decreased for the first time ever in 2013, dropping from 1.34 billion to 1.26 billion, according to Nielsen SoundScan. CD sales also declined, dropping 14% to 165 million.

The data provided by Sandvine says nothing about the number of files share, or the number of files shared per person. That is the information that matters, and what we attempt to solve everyday at Rightscorp.

Ignoring all the other factors, this is reason alone to question the claim that “piracy is decreasing”.

VPNs and Proxies

US BitTorrent users are becoming more savvy and turning to VPNs to mask their traffic from their ISP. It has been shown that this method is effective in avoiding piracy lawsuits and strikes. TorrentFreak, a popular piracy blog, reports “a majority” of BitTorrent users are turning to VPNs.

The results in the Sandvine report show that SSL (Secure Sockets Layer) traffic, used by VPN services, has increased significantly over the last report, more than doubling from 2.5% to 5.4% of total traffic. Since actual traffic has increased even more, the true usage of VPNs could be significantly more.

As TorrentFreak pointed out

“This increase in VPN use also means that the actual percentage of BitTorrent traffic is even higher, since the Sandvine report puts the traffic generated by these users in the SSL category.”

Other Piracy Channels

The metric Sandvine uses for all “piracy” is BitTorrent. This is flawed, as recently many pirates have been abandoning torrent-based peer-to-peer file sharing, partially because there are many other ways available to share material.

Dark nets” such as Tor and other encrypted digital lockers have experienced an exponential growth in number of users in recent months. Particularly following the attention drawn to them by the Edward Snowden case. Other popular anonymous networks including I2P, and Freenet have combined to more than double in size in the past year.

The limitations in Sandvine’s tracking data for anonymous networks such as Tor suggest that the report is missing one of the fast growing segments of the piracy market.

What Does This Mean?

Well, to be frank, piracy is not decreasing, and investors should be skeptical about reports stating that it is. On the contrary, there are many reasons to believe that it is in fact on the rise. Artists are still unable to properly monetize their copyrights.

Hopefully, with services, including our own at Rightscorp (RIHT), artists will be able to protect what is theirs. Additionally, Rightscorp has been successful at getting VPN companies to adopt its copyright monetization services to discourage misuse of VPN services.

 

The cultural acceptance of piracy–particularly with young people–creates a lot of media incentives to mask the consequences of this system. It also leads to optimistic reports like the one above.

LINK: http://thetrichordist.com/2014/02/15/is-the-piracy-threat-really-decreasing/



 
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PostSubject
#487   Holding for .25 Hitman970 01/04/21 03:20:23 PM
#486   Modest profit taking. Hitman970 11/13/20 04:42:23 PM
#485   Shocking move from .001-.04 and two people are Hitman970 11/11/20 11:05:16 AM
#484   Setting up nicely. Not concerned here. $RIHT. alphaInvestor2 11/05/20 02:09:49 PM
#483   Who is selling for pennies???? Hitman970 11/05/20 01:40:25 PM
#482   Bull shit sell off Hitman970 11/04/20 02:49:58 PM
#481   https://www.swissguardusa.com/cannabis-facilities alphaInvestor2 11/03/20 01:09:17 PM
#480   $RIHT Holding strong. I'm loving the consolidation. alphaInvestor2 11/03/20 11:05:59 AM
#479   Nice .04 slap this morning. News soon? alphaInvestor2 11/03/20 10:30:53 AM
#478   Bid sitters getting filled today. Hitman970 11/02/20 02:36:15 PM
#477   $RIHT holding up. No sellers. alphaInvestor2 11/02/20 01:45:49 PM
#476   Correction $RIHT/Swissguard.com Global security monitoring company alphaInvestor2 11/02/20 12:46:52 PM
#475   Agreed. Load up $RIHT alphaInvestor2 11/02/20 10:19:32 AM
#474   Form 4s and or other filings imminent. Chart Hitman970 11/02/20 10:02:09 AM
#473   $RIHT/Safeguard- Global surveillance monitoring company soon to be alphaInvestor2 11/02/20 07:52:15 AM
#472   $Nice. With the price action, volume spikes and alphaInvestor2 11/01/20 08:54:45 PM
#471   I spoke to Sabec who gave me Kyte’s Hitman970 11/01/20 08:45:59 PM
#470   Have you spoken with Sabec or Kyte? alphaInvestor2 11/01/20 08:20:32 PM
#469   RIHT could run like fka BLLCF did. Hitman970 11/01/20 12:54:48 PM
#468   12 month forecast .89c https://money.cnn.com/quote/quote.html?symb=RIHT Hitman970 10/31/20 06:17:19 PM
#467   $RIHT They have a robust list of affiliations. alphaInvestor2 10/31/20 01:43:16 PM
#466   $RIHT- Advisors: alphaInvestor2 10/31/20 01:42:12 PM
#465   RECENT TRANSACTIONS: Rightscorp, Inc. raised money in a alphaInvestor2 10/31/20 01:37:40 PM
#464   https://fintel.io/doc/sec-riht-rightscorp-sc-13d-2017-march-30-17974 Kyte 13 mi Hitman970 10/31/20 12:51:03 PM
#463   I wouldn't doubt it if they already have alphaInvestor2 10/31/20 12:39:00 PM
#462   RIHT sent out 12 million DMCA notices: https://www.uspto.gov/sites/default/fil Hitman970 10/31/20 12:35:12 PM
#461   RIHT is the perfect RM candidate for a Hitman970 10/31/20 12:29:52 PM
#460   Mr. Kyte is the cofounder of Swissguard Intl. GmbH https://www.bloomberg.com/ Hitman970 10/31/20 12:26:54 PM
#459   Check this out. Cecil B. Kyte, CEO/CFO-RIHT; alphaInvestor2 10/31/20 01:48:41 AM
#458   Nice. I’ll do some research myself. Thanks alphaInvestor2 10/30/20 09:17:03 PM
#457   I tracked down a number for Chris Sabec Hitman970 10/30/20 07:48:49 PM
#456   Where’s the info on Cecil and management? alphaInvestor2 10/30/20 07:24:30 PM
#455   Active management confirmed. Cecil Kyte has a proven Hitman970 10/30/20 06:42:58 PM
#454   Revised price target 1.00$ Hitman970 10/30/20 06:40:03 PM
#453   I’m holding 5 million shares from .00x any Hitman970 10/30/20 06:32:32 PM
#452   Alert confirmed!!!! Hitman970 10/30/20 03:58:07 PM
#451   You’d think that all of these so called alphaInvestor2 10/30/20 01:08:17 PM
#450   Bid higher than the quotations now. Any volume Hitman970 10/30/20 09:42:32 AM
#449   Thanks for the tip, I’ll check it out Venture_Cap 10/29/20 06:25:23 PM
#448   Whale team spotted! Volume before price!!!! Hitman970 10/29/20 05:27:50 PM
#447   Holding up strong here. Lock up those alphaInvestor2 10/29/20 05:05:01 PM
#446   BRNW was purely entertainment. The news/PR was alphaInvestor2 10/28/20 01:06:19 PM
#445   I am not sure about this one or Newc 10/28/20 01:03:23 PM
#444   20k left under .03, razor thin. Hitman970 10/27/20 09:37:08 AM
#443   RIHT active management confirmed. Standard dd says load Hitman970 10/26/20 05:47:25 PM
#442   RIHT volume alert !!! Hitman970 10/26/20 01:05:43 PM
#441   Considering RIHTs association with big names like warner alphaInvestor2 10/26/20 09:34:08 AM
#440   Upcoming news IMO. Something is up$$! alphaInvestor2 10/24/20 03:27:24 PM
#439   2 market makers beneath a nickel. Hitman970 10/23/20 02:18:28 PM
#438   OTCX is done shorting RIHT Hitman970 10/23/20 11:32:34 AM
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