OBS_VALUE: Motion Picture Licensing Company (Singapore) Private Limited represents over 800 Hollywood studios, independent, special interest, and local producers. Collective management organisations, or CMOs, were unregulated until 2024. As from 1 May 2024, the Copyright Act 2021 establishes a regulatory framework for CMOs under a class licensing scheme administered by IPOS. Under this scheme, all CMOs must comply with applicable class licence conditions. This scheme is governed by the Copyright (CMOs) Regulations 2023, which set out the licence conditions. Foreign rights holders are not prohibited to join the CMOs. See also, Guide to the CMO Class Licensing Scheme (CMO Guide), https://www.ipos.gov.sg/about-ip/copyright/copyright-owners/collective-management-organisations