Company Appoints Gregory Noveck To Its Strategic Advisory BoardSANTA MONICA, Calif., Nov. 25, 2014 — (PRNewswire) — Rightscorp (OTCQB: RIHT), the leading provider of monetization services for artists and holders of copyrighted Intellectual Property (IP), announced today that it plans to expand its reach in the film, television and video markets with the appointment of entertainment industry veteran Gregory Noveck to its Board of Advisors. Mr. Noveck was most recently Senior Vice President, Production for SYFY Films, a joint venture between SYFY and Universal Pictures. Mr. Noveck will play a vital role in securing additional copyrights for the Company.
According to PriceWaterhouseCoopers (PwC), the U.S. film industry posted $31 billion in revenues in 2013, and the media and entertainment (M&E) industry, is expected to reach $546 billion in 2014. While the U.S. has the largest M&E industry in the world, it is hamstrung by piracy that has spilled over from films, music, TV shows, and has worked its way into streaming services. Netflix and Amazon are two of the largest streaming video services in the world and according to a recent Washington Post article, Netflix's hit series "Orange Is the New Black" is the second most pirated show after "Game of Thrones." The digital theft of music, movies and copyrighted content accounts for 22% of global internet bandwidth, according to the Information Technology & Innovation Foundation.
"With Gregory joining our advisory team, we are increasing our collective knowledge, experience, and connections in the entertainment industry," said Christopher Sabec, CEO of Rightscorp. "Over the past two years, we have assembled a world-class advisory board to provide resources through their experience and key relationships. Gregory has had his hands in various aspects of film and TV throughout his career that specifically deal with intellectual property. He will be an invaluable asset to our Company."
Mr. Noveck helped start SYFY Films, through which he produced films and acquired several projects for development including properties from Imagine, George R.R. Martin and Michael Tolkin. Prior to SYFY, he spent eight years at DC Comics as Senior VP, Creative Affairs where he focused on TV, Features, Animation, DTV, online, and games. Mr. Noveck made it his mission to expand the brand beyond Superman and Batman, and worked on A History of Violence, Constantine, Watchmen, Jonah Hex, The Losers, and Green Lantern for Warner Bros. He also developed and served as the Executive Producer of the feature film Red for Summit Entertainment.
Spearheading a bold DTV initiative, Mr. Noveck launched DC UNIVERSE ANIMATED ORIGINAL MOVIES, which became a critical and commercial success as it helped establish a new business for Warner Home Video, bringing great characters to life for their most passionate fans.
Prior to that, he worked at CBS Entertainment's Business Affairs and was Senior Vice President, Creative Affairs and Producer of Platinum Studios. Along the way he worked on a number of films and TV shows across the spectrum including Homicide: Life on the Street (NBC), Oz (HBO), Nash Bridges (CBS), The Show (Film), Hard Eight (Film), Highlander: The Series (USA), and La Femme Nikita (USA).
Gregory Noveck joins other members of Rightscorp's Strategic Advisory Board including Bill Zysblat, who serves as Business Manager for David Bowie, Sting, Rolling Stones and U2, and Peter Paterno, who is an attorney for Metallica and Dr. Dre.
Rightscorp represents more than 1.5 million copyrights and has partnered with major motion picture studios, numerous platinum recording artists, Academy Award-winning films, top TV shows, authors, and many other rights holders. Rightscorp has already received settlements from subscribers of more than 200 ISPs and closed over 130,000+ cases of copyright infringement to date.
About Rightscorp, Inc.
Rightscorp (OTCQB: RIHT) is a leading provider of monetization services for artists and holders of 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, books, 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 22% of all Internet traffic is used to distribute copyrighted content without permission or compensation to the creators, Rightscorp is pursuing an estimated $2.3 billion opportunity and has monetized major media titles through relationships with industry leaders. http://www.rightscorp.com/
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SOURCE Rightscorp, Inc.