Anti-Piracy Firm Rightcorp Continues to Lose Big Money

Discussion in 'HardForum Tech News' started by HardOCP News, Aug 17, 2016.

  1. HardOCP News

    HardOCP News [H] News

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    How in the world do these guys stay in business? Oh well, it looks like they are on the road to ruin anyway, might as well just grab some popcorn and watch the show as they continue to implode.

    Piracy monetization firm Rightscorp continues to lose money. Revenue over the most recent quarter has dropped significantly compared to last year and the company is still miles away from turning a profit. Instead of generating more money from alleged pirates, Rightscorp must set aside $200,000 to settle accused file-sharers it allegedly harassed.
     
  2. azuza001

    azuza001 Gawd

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    I know right? But the big question is if this "business" is run by lawyers and Lawyers are the only ones that make real money from these kinds of lawsuits how are they NOT making money?

    Pass the nachos will ya? :)
     
  3. Shotglass01

    Shotglass01 [H]ard|Gawd

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    I think they still do have Cox on the hook for 25mil. I think Cox has one more appeal, but that might be to SCOTUS.
     
  4. dewbak75

    dewbak75 Limp Gawd

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    Rightscorp are nothing but shakedown artists.