Slashdot Mirror
Copyright Trolls Rightscorp Are Teetering On The Verge Of Bankruptcy (arstechnica.com)
JustAnotherOldGuy writes: Rightscorp, the copyright trolls whose business model was convincing ISPs to freeze their customers' Internet access in response to unsubstantiated copyright accusations, and then ransom those connections back for $20 each, will be out of money by the end of this quarter. Despite a massive courtroom win against Cox Cable in 2015 (and a counterbalancing gigantic fine for its robocalls), the company couldn't win a technology cat-and-mouse game against its prey -- the wily file-sharers who switched to VPNs and other anonymizing technologies. For the moment, the company is teetering on the brink of financial collapse. It raised $500,000 on February 22, the company reported, but it needs another $1 million to stay afloat. It has only enough cash on hand to continue "into the second quarter of 2016," according to the company's latest financial report.
No, I don't think I have a violin small enough for this.
How can I believe you when you tell me what I don't want to hear?
*downloads the Simpsons from KAT*
*Plays loops of Nelson saying "HA HA" to them via robocall.*