Facebook Acquires Startup Source3 to Fight Video Hijacker

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Facebook has acquired a startup to help crack down on users who share pirated movies and other content without permission. Source3 builds technology to detect intellectual property shared by unauthorized internet users.
 
Facebook acquired the technology and some of the team members behind Source3, who announced the deal on its website. A Facebook spokesperson declined to comment on the deal, although Source3 recently earned US $ 4 million in venture capital funding, according to Crunchbase.

Facebook has had many problems with pirated content in the past, and it has been going on for two years since the company first announced "Rights Manager", a technology to detect and remove video clips shared by people who do not own the rights to the video. Which is similar, though more advanced, called Content ID.

In April, Facebook added another option for rightsholders: submit to the original content owner to lower or leave it, and earn money from pirated movie views for original movie owners.
 
With this acquisition, it appears that Facebook has not mastered copyright management technology. While Facebook seems to want to host many professionally-produced videos, it pays publishers and movie studios to create special films for the social network.

However, video makers do not want to keep giving their videos to Facebook if people can easily steal them and benefit from it.

"We are excited to work with the Source3 team and learn from their expertise in intellectual property, trademark and copyright," a Facebook spokeswoman said in a statement to Recode on Tuesday, July 25, 2017. "As always, we focus on ensuring That we serve our partners well. "
 
Employees who join Facebook from Source3 will work in a corporate office in New York, although it is unknown how many workers were hired.

Source3 will be fully integrated into Facebook and will not operate as a standalone company. Source3 also seems to have lowered their website and Twitter account.
 
 

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