HR02137: A RESOLUTION URGING THE HOUSE OF REPRESENTATIVES, THROUGH THE SPECIAL COMMITTEE ON CREATIVE INDUSTRY AND PERFORMING ARTS AND OTHER APPROPRIATE COMMITTEES OF THE HOUSE OF REPRESENTATIVES, TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE STATE OF THE PH
This resolution urges the House of Representatives to conduct an inquiry into the state of the Philippine publishing industry. The impact of this resolution, if acted upon, would be to address pressing issues that have long plagued the publishing sector, including significant revenue losses due to the COVID-19 pandemic, challenges from digitalization, copyright issues, and a trade imbalance in books and raw materials.
The significance for the Filipino people is the potential for the government to help the publishing industry recover from the pandemic's negative effects and develop a roadmap for its future growth and sustainability, particularly by aiding its pivot to digital platforms and new business models. This could lead to improved content development, book production, and distribution, and create opportunities for upskilling and retooling the labor force in response to technological advancements, ultimately strengthening a sector that contributes significantly to the country's GDP.