The International Federation of the Phonographic Industry (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 music creators and producers. The IFPI advocates for policies that support the music industry and combats piracy and copyright infringement. The organization also conducts research and publishes reports on the state of the music market, including trends in digital music consumption. It is known for its annual report, which highlights the top-selling albums and artists worldwide, showcasing the impact of the music industry on a global scale.