STOCK TITAN

American Films Subsidiary Signs Milestone Data Monitoring Contract

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

American Films, Inc. (OTC PINK:AMFL) announced that its subsidiary, Facterra LLC, has signed a significant anti-piracy service contract with a major copyright holder in the film and television sector. This contract enables Facterra to combat digital piracy by tracking copyright infringement on global BitTorrent networks and issuing necessary DMCA notices. CEO Geoff Lee highlighted that this milestone contract is expected to create long-term, sustainable revenue, enhancing shareholder value while fulfilling their mission to support copyright holders worldwide.

Positive
  • Signing a major anti-piracy service contract indicating potential long-term revenue generation.
  • Facterra's role in enforcing copyright protection aligns with industry needs, enhancing its market position.
Negative
  • None.

BAY HARBOR ISLANDS, FL / ACCESSWIRE / February 2, 2023 / American Films, Inc.'s (OTC PINK:AMFL) wholly-owned subsidiary, Facterra LLC ("Facterra"), signed a major anti-piracy service contract supporting a significant copyright holder in the film and television industry representing thousands of titles. Facterra helps its clients combat digital piracy by identifying and recording data associated with the illegal infringement of their copyrighted content on global BitTorrent networks and generating and issuing essential Digital Millennium Copyright Act ("DMCA") or copyright infringement notices.

"As advocates for copyright holders across the globe, AFI is pleased to announce this milestone service contract for our Facterra division," said Geoff Lee, President and CEO of AFI. "This contract provides a significant opportunity for the company to consistently generate revenue over the long-term, creating sustainable value for our shareholders while reliably serving clients and delivering on our core mission to support the fight against global piracy," added Lee.

About American Films, Inc.

American Films owns, develops, and acquires intellectual property, which it seeks to monetize at higher rates through proprietary technology, rights enforcement, and asset digitization. Its unique proprietary processes and technology include FACTERRA, a web-based evidence gathering program that identifies instances of copyright infringement and allows American Films and others to enforce intellectual property rights. American Films supports the creative process and protects intellectual property in the film and music industries. For more information, visit https://americanfilms.us/.

American Films Media Contacts

Jamie Warren
info@americanfilms.us

Follow American Films on:

LinkedIn
Twitter
Facebook

SOURCE: American Films, Inc.



View source version on accesswire.com:
https://www.accesswire.com/737751/American-Films-Subsidiary-Signs-Milestone-Data-Monitoring-Contract

FAQ

What contract did American Films, Inc. announce on February 2, 2023?

American Films, Inc. announced a major anti-piracy service contract signed by its subsidiary, Facterra LLC, supporting a significant copyright holder.

How does Facterra LLC help combat digital piracy?

Facterra LLC identifies copyright infringement on global BitTorrent networks and issues DMCA notices for copyright violations.

What is the significance of the contract for American Films, Inc.?

The contract is expected to provide long-term revenue generation and enhance shareholder value.

What is the function of Facterra's technology in copyright protection?

Facterra utilizes a web-based program to gather evidence of copyright infringement and helps enforce intellectual property rights.

AMERICAN FILMS INC

OTC:AMFL

AMFL Rankings

AMFL Latest News

AMFL Stock Data

11.93M
12.01M
Entertainment
Communication Services
Link
United States of America
Jersey City