The PRSP (Performers Rights Society of the Philippines) will soon be launching its full operation as a CMO (Collective Management Organization) in the pursuance of the Intellectual Property Code of the Philippines.
This means that royalties due to the performers will be collected for equitable distribution to the rightful beneficiaries. Royalties can come from any profitable use by persons or firms of art productions like music, movies and videos.
The PRSP meeting headed by Chairman Leo Martinez, President Mitch Valdez (with back to the camera) and officers John Lesaca and Rez Cortez
PRSP is inviting all performers to sign a deed of assignment that would empower PRSP to be their sole collecting agent.
Performers – singers, dancers, actors in movies and stage – are welcome to attend the membership registration to be held in Quezon City Sports Club on August 26, 2012. Cocktails will be served at 6:00 pm.
PRSP is one of the 3 CMOs accredited with IPO (Intellectual Property Office) of the Philippines.
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