Facebook has just acquired Source3, a startup which deals with intellectual property, in an attempt to combat people from sharing pirated content, mostly videos, on its platform. It didn’t reveal much information on the purchase, but the startup published an official announcement on its website.
Source3 will soon be integrated in the social media platform
Patrick F. Sullivan, Scott Sellwood, and Benjamin Cockerham are the founders of Source3. They confirmed the startup will start collaborating with Facebook, and become a part of the social media platform. What they will do is offer the expertise of copyright, trademark, and IP on Facebook.
More precisely, they will assess all types of content on Facebook, including videos, music, or any kind of IP. Every day, they will make sure there is no piracy on the platform, and the huge community of two billion people consume original content.
Source3 launched in 2014 as a company which managed rights in terms of 3D printed content. However, 3D printing faced a sudden expansion, so the company also moved on to deal with intellectual property in general. They keep an eye on all kinds of such property that could get on the internet without the approval of its creators.
Facebook will continue its fight against online piracy
Facebook has been struggling with piracy, and received many accusations after several exclusive trailers and movies were illegally shared on the platform before their official release. Therefore, it took a few measures to make sure it only serves original content.
For instance, it introduced Rights Manager, which resembled the Content ID on YouTube. This is a tool which allows creators to protect their original videos when posting them. Now, after acquiring Source3, the company will continue its fight against piracy.
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