IFPI, otherwise known as the International Federation of the Phonographic Industry, is an organization representing the interests of the global music industry. Founded in 1933, it now has several thousand members, ranging from major record companies to independent labels. Its main role is to protect the rights of record producers, promote the value of recorded music and support the development of the music market in various countries. IFPI is also known for its market research and global charts, which provide insight into consumer trends and the state of the industry. It is headquartered in London, with regional offices in several major cities around the world.
