RYDE and Image Protect Sign Partnership Agreement
The collaboration will result in 5000+ additional cases, 75+ new clients and expected infringement claims of 5M+ dollars over the next 24 months
We, from RYDE Gmbh, the creator and operator of the RYDE Image Rights Management Platform, are pleased to announce the signing of a partnership with Image Protect Inc. (OTC:IMTL), a global image rights monitoring platform.
The partnership will integrate Image Protect’s License Recovery Unit with RYDE which will add thousands of new copyright infringement cases and numerous of new digital rights holder clients to the platform. Additionally, this integration will generate millions of dollars in incremental revenues starting within the next 2 months.
“We are very excited about our partnership with Image Protect. Together, we will continue to help protect digital storytellers worldwide. Additional cases provided by Image Protect ultimately compliment and fortify our presence in North America, Europe and SE Asia.”
Jan Denecke, CEO of RYDE Gmbh
Matthew Goldman CEO Image Protect noted, “Through RYDE’s global post-licensing service we now extend our global service offering by additionally recovering licenses from new markets such as Europe and SE Asia. This integration provides an opportunity to generate and share untapped image infringement claims that will benefit both companies by generating significant additional revenues. This will enable Image Protect to continue to scale at unprecedented rates.”
The partnership will be implemented over the coming quarter, with infringement identification, fee collections and revenues targeted to commence in August 2019.
About RYDE Gmbh
RYDE Holding, Inc. (formerly WENN Digital, Inc.), is the creator and operator of the RYDE Platform. Ryde and its advisors are an experienced development and operations team with expertise in proprietary blockchain development, big data, copyright law, AI-enabled image recognition, and post-licensing monetization systems. For more information, go to ryde.one.
About Image Protect
Image Protect protects and monetizes creative works. By uniting technology with a team of copyright experts, we ensure that content providers preserve the value of their digital assets. Our web application monitors the global Internet to seek and collect evidence for illegally used visual content. Then our legal partners across North America, Europe, and Asia ensure our clients receive appropriate compensation for work used without valid license.