Law 10372 amended the Intellectual Property Code to provide for collective rights management organizations (CRMOs) to collect on behalf of artists, performers, dancers, musicians, composers, authors and publishers, royalties for the public or commercial use of their copyrights. It applies to a variety of industries. There are 4 CRMOs at present in the Philippines:
FILSCAP - Filipino Society of Composers, Authors and Publishers, Inc.
PRSP - Performers Rights Society of the Philippines
FILVADRO – Filipino Visual Arts and Design Rights Organization
FILCOLS – Filipinas Copyright Licensing Society, Inc.
The all serve slightly different functions in terms of the copyrights they manage.
The Performers’ Rights Society of the Philippines (PRSP) is now seeking official accreditation as a CRMO by the Intellectual Property Office of the Philippines (IPOPHL). This will pave the way for it to collect royalties for the commercial or public use of its members’ performing rights. CRMOs are ultimately to be regulated by a state agency, the Bureau of Copyright, which will be operational later in 2014.