Filipino record producers and performers scored a victory when a system for collecting royalties was set in place here in the country.
Groups representing music creators have streamlined the process of collecting fees for the commercial use of published sound recordings in the Philippines.
Mitch Valdes, President of the Performers Rights Society of the Philippines, Inc. (PRSP), and PRSP Chairman Leo Martinez were among those who witnessed the historic event held last April 19, 2016.
On this day, the signing of the Memorandum of agreement (MOA) took place between the two collective management organizations (CMOs) of the record producers and the performers.
The PRSP is the CMO for the performers while Sound Recording Rights Society, Inc. (SOUNDSRIGHT) is the CMO for record producers. The latter is headed by its Chairman, Mr. Ramon Chuaying of Universal Records and President Atty. Marivic Benedicto of ABS-CBN Films Productions Inc. (formerly Star Records).
Both CMOs were accredited by the Intellectual Property Office of the Philippines (IPOPHL) under the leadership of Director General Josephine Santiago.
Under the Memorandum of agreement, there will be only one collection of royalties for both the record producers and artists/performers making it easier for the music user to pay for royalties for the use of sound recordings in their businesses.
This will allow music creators to enjoy the fruits of their labor by earning royalties from
businesses that use their works.
This is in line with the Intellectual Property Code of the Philippines (R.A. No. 8293) that states, “if a sound recording is used for commercial purposes, publicly performed with the intention of making or enhancing profit or broadcasted, a single remuneration for the performer/s, and the producer of the sound recording shall be paid by the music user to both performer/s and the producer.”
This Memorandum of Agreement (MOA) will provide for a system of joint collection by Sound Recording Rights Society, Inc. (SOUNDSRIGHT) and Performers’ Rights Society of the Philippines (PRSP) of revenues from music users. Both parties agree that SOUNDSRIGHT shall use its collection infrastructure to conduct the practical collection for its own behalf and on behalf of PRSP.
International Federation of the Phonographic Industry (IFPI) Regional Director KT Ang and Regional Licensing Manager Ceasar Apostol also served as witnesses to the event.
IFPI was very instrumental in facilitating this initiative that ensures that members of both CMOs and copyright holders’ rights are effectively enforced.