The IFPI, or International Federation of the Phonographic Industry, is the organization representing the interests of the recording industry at the global level. For the first time in history, a Canadian has been voted onto the Main Board: Graham Henderson, President and CEO of Music Canada. Additionally, Music Canada, which represents the interests of the recording industry in Canada, now has a seat on the IFPI’s International Legal Committee, or ILC, a group of experts in law dealing with legalities surrounding the recording industry.
The stated mission of the IFPI is to promote “the value of recorded music”, campaign “for the rights of record producers”, and expand “the commercial uses of recorded music”. Member markets include 62 countries and roughly 1,300 music companies. The IFPI Main Board consists of members of regional or national trade organizations as well as both major and independent record labels. Its function is to provide guidance and direction gathered from global music companies, organizations, and markets in shaping IFPI priorities.
Out of roughly 200 countries around the globe, Canada’s music market currently ranks 7th, and even more impressive is that according to the Department of Heritage, Canada is the 3rd largest exporter of musical talent in the world.