As a co-founder and CEO of Rightscorp INC, Christopher Sabec, has represented various music professionals in the industry, protecting them from copyright infringement.
In 1710, the Statute of Anne was created to protect the ownership and copyright of materials an author created for up to fourteen years. This was the first law that gave authors copyright to the works they created themselves. In the midst of a new recording industry in 1909, a major revision of the US Copyright Act was born. This revision broadened the scope of works that could be considered in authorship and extended the term of protection from fourteen years to twenty-eight years. The extension of the copyright protection was to ensure that a musician would be able to get a return on his investment with protecting public rights at the same time.
Digital piracy has been around ever since Bill Gates’ personal computer debuted on the cover of Popular Electronics in 1975. In 1997, the Digital Millennium Copyrights Act was passed. This act increased the penalties for copyright infringement and made Internet Service Providers liable for their users engaging in illegal downloading activities.
In 1999, Shawn Fanning created Napster at Northeastern University in Boston. It was the first Peer-to-Peer (P2P) digital file sharing program and it would forever change the music and media industries. In 2008, P2P traffic was at 44% of all global consumer Internet traffic. In 2010, P2P traffic was more than twice as much as web browsing. Because of all of this P2P traffic, copyright monetization companies like the one Christopher Sabec started were coming out of the woodwork to help copyright owners gain the money they deserve from people stealing their created property online.
Christopher Sabec & Rightscorp, Inc.
Rightscorp is a copyright monetization company that protects intellectual property by offering settlements to people who illegally download music, videos, and videogames. The company works on behalf of the copyright holder by sending letters to illegal downloaders giving them options for financial restitution. Rightscorp has worked with various Hollywood studios and agencies. Some of their more notable clients are Warner Brothers Studios and BMG Rights Management.
The technology that Rightscorp uses to catch illegal downloaders is a software that monitors worldwide P2P file sharing networks to fine illegally downloaded digital media. They work closely with major Internet Service Providers to catch and demand payment to Rightscorp who then pays the copyright owners. If the illegal downloader does not pay, then they will be removed from their Internet Service Provider. Under Federal Copyright Law, Internet Service Providers are required to enforce the rights of the copyright owner once they become aware of copyright infringement.
Christopher Sabec’s blog on copyright law will keep you up to date with the latest news in copyright law and other stories pertaining to the field.
RightsCorp is recognized as a pioneer in the fight against copyright infringement on peer-to-peer network. The company, started by Christopher Sabec, is one of the only viable and effective solutions to the multibillion dollar issues of copyright infringement, which has caused billions of dollars in lost sales, revenues, and wages.
Illegal distribution of digital content is not a new story, it began in beginning in the music industry 15 years ago with Napster, but has now spread to new industries including films, TV, software, games, newspapers, books and photos. Currently, 22% of all global internet bandwidth is used for online piracy.
Christopher Sabec recognized that the owners of copyrighted content are not being appropriately protected so he developed a way to solve the problem.
RightsCorp operates by identifying repeat infringers of copyrighted materials, alerts the ISPs, forwards a letter warning the infringers that they could be liable for $150,000 in damages and then provides a link to a reasonable $20 settlement offer for infringement. The settlement is then split between the copyright owners and Rightscorp.
The Motion Picture Association of America has reported that piracy has cost movie studios $6.1 billion a year. Based on RightsCorp’s tracking metrics, they found that there were more than 600,000 illegal downloads in the first 24 hours of release (on the piracy networks) for American Sniper, the Hobbit Battle of The Five Armies, Into the Woods, Birdman, Unbroken, Big Hero 6, and Selma.
Furthermore, the music industry has faced $12.5 billion in economic losses and the software industry has suffered $59 billion losses in global commercial value due to piracy.
Rightscorp saw significant growth in 2014 as a result of the increase in the internal business metrics and the growing acceptance of their proven industry solution. The company reached triple digit year-over-year growth, specifically 187% growth top line when compared to the prior year.
Christopher Sabec, believes that piracy is a problem which is expected to grow substantially in the coming years. The company forecasts a 40% increase in peer-to-peer file sharing by 2018, which includes 11.9 billion songs and over 3 billion movies to be illegally downloaded. Rightscorp is posed to capitalize on the growth of piracy as they continue to protect the rights of those who create and own digital content.
Moving forward as the company continues to grow, Christopher Sabec is focused on maintaining the company vision to preserve, protect and wisely monetize digital assets so that the next generation of great music, movies, videogames, books and software could be made in a greater way and the industries can continue to prosper.
Copyright: Christopher Sabec