The International Federation of the Phonographic Industry, or IFPI, is a global organization that represents the interests of the recording industry. Founded in 1933, it works to promote the value of music and protect the rights of artists and record labels. The IFPI also conducts research and provides data on music sales and trends worldwide. In addition to advocacy, the IFPI plays a key role in combating music piracy and promoting fair practices in the digital music landscape. It collaborates with various stakeholders, including governments and technology companies, to ensure a sustainable environment for the music industry.