International Federation of Phonogram Producers (IFPI)

The International Federation of Phonogram Producers (IFPI) is a global organization that represents the interests of major record labels and music companies. It works to promote the rights of music creators and producers by protecting their intellectual property, combating music piracy, and encouraging the legal distribution of music. IFPI also collects and distributes royalties, supports music industry standards, and advocates for policies that support the growth of the music business worldwide. Essentially, it helps ensure artists and companies are fairly compensated for their work and that music remains accessible through legitimate channels.