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Anti-piracy outfit Rightscorp has filed its latest set of financial results and they reveal yet more misery for the company. Its traditional revenue stream, comprised of cash settlements from alleged BitTorrent pirates, is down 48% on the same period last year. This contributes to the company turning in net losses of $1.45 million for the first nine months of the year. But could value lie elsewhere?
A recent takedown notice submitted on behalf of Netflix brands the popular Stranger Things community on Reddit as a ‘pirate haven.’ The streaming service lists the subreddit in a recent takedown request that was sent to Google, alongside several other unusual sites. Google, wisely, has not taken any action.