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July 03, 2015 2:35 PM ET

Internet Software and Services

Company Overview of Rightscorp, Inc.

Company Overview

Rightscorp, Inc. operates as a technology company that has a patent-pending proprietary method for collecting payments from illegal downloaders of copyrighted content through notifications sent to their Internet service providers (ISP’s). The company’s technology system monitors peer-to-peer file sharing networks and sends through email to ISP’s notifications of copyright infringement by the ISPs’ customers with date, time, copyright title, and other specific technology identifiers worldwide. It primarily serves copyright holders. The company was founded in 2011 and is headquartered in Santa Monica, California.

3100 Donald Douglas Loop North

Santa Monica, CA 90405

United States

Founded in 2011

21 Employees

Phone:

310-751-7510

Key Executives for Rightscorp, Inc.

Chief Executive Officer and Director
Age: 51
Total Annual Compensation: $261.9K
Co-Founder, President, Chief Operating Officer, Chief Technology Officer and Director
Age: 49
Total Annual Compensation: $242.5K
Compensation as of Fiscal Year 2014.

Rightscorp, Inc. Key Developments

Rightscorp, Inc. Presents at Impact Investor Conference, Jun-19-2015 10:00 AM

Rightscorp, Inc. Presents at Impact Investor Conference, Jun-19-2015 10:00 AM. Venue: Minneapolis Club, 729 2nd Ave S, Minneapolis, MN 55402, United States. Speakers: Christopher Sabec, Chief Executive Officer and Director.

Rightscorp, Inc. Appoints Cecil Bond Kyte as Chief Financial Officer

On May 28, 2015, Cecil Bond Kyte was elected Chief Financial Officer of Rightscorp, Inc. Mr. Kyte, 44, was most recently, from 2007 to 2013, Chief Executive Officer and Chairman of Save The World Air, Inc.

Rightscorp, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Rightscorp, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. Revenues for the first quarter ended March 31, 2015 were $307,904, up 63% from $188,933 in the same period last year. Sequentially, revenues rose 27% from $241,928 in the fourth quarter of 2014. The growth in revenues were driven by the company's ability to increase the number of copyrights under contract, active copyrights ingested into the company's automated system growing to more than 250,000 and by the growing number of ISPs participating in the company's service, creating a multiplier effect. For the quarter ended March 31, 2015, the company generated an operating loss of $929,768 and net income of $121,991 or $0.00 per share compared to an operating loss of $640,456 and a net loss of $651,042 or $0.01 a year ago. per share for same period prior year. Income from operations before income taxes was $121,991 compared to loss of $651,042 a year ago.

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