Comcast is threatening the business model of Rightscorp, a publicly traded firm that uses DMCA notices to demand piracy settlements from U.S. Internet subscribers. Unlike other Internet providers Comcast is not forwarding the settlement requests to its customers, only the infringement details. For Rightscorp this effectively kills all anti-piracy revenue from the largest ISP in the United States.
Rightscorp, a Santa Monica-based firm that uses DMCA requests to demand piracy settlements from U.S. Internet subscribers, just announced its alternative public offering. The company, which has Warner Bros. as one of its most prominent clients, hopes to recoup some of the $2.3 billion it claims is currently lost through online piracy. Talking to TorrentFreak, Rightscorp CEO Christopher Sabec says that their system is superior to the ‘six-strikes’ Copyright Alert System.
Following a report yesterday that an anti-piracy company has been sending out emails asking that people pay a $10 fine after allegedly being caught sharing copyright material, we decided to take a closer look. Isn’t this tiny fine a good idea? Isn’t paying $10 literally 300 times better than paying $3000 to other companies in the same area?