Rightscorp Increases Revenue by 282% in Q3

Rightscorp, the copyright monetization company in Santa Monica has just increased the quantity of Internet Service Providers helping them combat illegal downloading of copyrighted material. At the beginning of the year, they had about 150 ISP participating in their cause, now they have over 200. This demonstrates a 33% growth in ISP participation for the company. Growth in ISP participation is a fundamental metric for company growth because an additional ISP represents thousands of potential copyright infringements that provide revenue for the company. Currently, Rightscorp represents about 15% of the Internet Service Providers in the country.

Copyright infringers take up a lot of bandwidth from their Internet Service Provider, so they have an incentive to fight copyright infringement using Rightscorp’s digital loss prevention technology. Rightscorp represents over 1.5 million copyright holders, partnering with platinum recording artists, major motion picture studios, award winning movies and authors, the country’s top TV shows, and many more. The company has closed well over 130,000 copyright infringement cases.

At the end of September, the company announced their third quarter earning results. Their three major metrics for growth are ISP participation, settlements closed and quantity of copyrights. The company announced that their year-over-year revenue growth was equal to 282%. The company was able to increase the amount of copyrights that their company held from 21,000 last year to 160,000 this year. The company closed 130,000 cases of copyright infringement cases, which was up from 75,000 last year. Considering the aforementioned increase in ISP participation, the company has well increased their three metrics used for revenue growth. With continued hard work and dedication to provide fair justice for copyright holders, Rightscorp is hoping to build on their most recent success and continue to grow.