Music Licensing and Royalties in the Philippines
To maintain musical sound recordings as a medium that provides wholesome entertainment and positive values to the public. Life Cycle START up: Music artists perform In bars, hotels, and lounges hoping that they will be “discovered” by talents scouts or agents for them to be able to make a way into the music industry. Some artists enter in to the industry through hiring their own anger or publicist who then tries to produce attention for the aspiring artist.
Some spend up to a million pesos to get themselves promoted In television and on the radio. GROWTH: Philippine music recording companies are grouped together under PAIR or the Philippine Association of the Recording Industry which is composed of 15 corporate members (namely the larger recording companies) plus a number of smaller, associate members. In 1965, the Filipino Society of Composers, Authors and Publishers (FOOLSCAP) was established, with the help of its long-established American counterpart, the ASAP.Fulfills primary principle is to represent Its members, consisting of composers, musical works to the society by licensing and distributing royalties for the public performance of their copyright works. DECLINE: At the end of the sass’s, the Philippine music Industry has been experiencing crisis mainly because of piracy wherein It was estimated that 50% of the CDC sold were not original and were pirated copies, then reached up to 60% by the following year. 1 OFF their companies instead.