Wednesday March 26, 2014

Anti-Piracy Company Posts $2M Loss

On top of failing to curb piracy at all, it looks like the anti-piracy people are losing tons of money as well.

Financial results published by anti-piracy group Rightscorp shows that while turning piracy into profit is a nice idea, it's not lucrative for everyone. A loss of $2.04m in 2013 means that for every single dollar of settlement revenue sent back to companies like Warner Bros., Rightscorp lost close to $13.