The Philippine Creatives Industry Development Act lapsed into law last July 27, and is now known as Republic Act (RA) 11904.
“This law is going to be huge! This law will also provide centralized State support to our creative industries, unlike the current system where State support is sporadic,” Pangasinan 4th district Rep. Christopher De Venecia said about the development.
It was during the previous 18th Congress that conflicting provisions between the measure's House and Senate versions--House Bill (HB) 10107 and Senate Bill (SB) 2455, respectively--were ratified.
Read: https://mb.com.ph/2022/05/31/house-ratifies-philippine-creatives-industry-development-act/
“The impact of this law is going to be huge, this is a sector that has managed to survive and even thrive on its own, but with institutionalized support from the state, it will really help the creative industry sector grow and accelerate to the point where we want it to be — which is by 2030, the Philippines will be the number one creative economy in all of Asia,” De Venecia said.
De Venecia, a creative soul himself, was a principal author of HB 10107. He recently retained his chairmanship of the House Special Committee on Creative Industry and Performing Arts in the 19th Congress.
Under the new law, the national government is mandated to promote the developments and the rights afforded to the Philippines creative industry and Filipino creatives.
It will also see the creation of a Philippine Creative Industries Development Council (PCIDC), an attachment agency to the Department of Trade and Industry (DTI).
“This council will be created to guarantee the long-term development of the creative industries so that those who belong to it can reap the continuing creation of industry jobs and providing incentives to encourage and sustain Filipino excellence in creative industries,” De Venecia explained.
The new statute also updates the definition of the Philippine creative industry into the following: “trades involving persons, whether natural or juridical, that produce cultural, artistic and innovative goods and services originating in human creativity, skill, and talent, and having a potential to create wealth and livelihood through the generation and utilization of intellectual property".