
IFPI Latin America Inc
IFPI Latin America Inc is a 501(c)(6) nonprofit organization, classified as a business league, and is based in Miami, FL. It is part of the broader International Federation of the Phonographic Industry (IFPI) network, which represents the recording industry worldwide. The organization's focus is on the enforcement of intellectual property rights related to music in the Latin American region.
Activities and Objectives
IFPI Latin America Inc works to promote the value of recorded music and protect the rights of record producers in Latin America. This includes efforts to prevent music piracy and ensure fair compensation for creators through licensing and legal means.
Relationship with IFPI
As a regional affiliate of the global IFPI, IFPI Latin America Inc collaborates with the international organization's goals. These goals include expanding commercial uses of recorded music, promoting the value of recorded music, and ensuring the rights of record producers are protected across the world.
Legal Status
The organization is designated as a business league under U.S. tax law, meaning it is primarily concerned with improving business conditions for its members within the recording industry. This classification is common for industry associations and advocacy groups that aim to benefit their members economically.
Regional Focus
The organization's specific focus on Latin America reflects the region's growing importance in the global music market. The IFPI has noted the rapid growth of music markets in various regions, including Latin America, driven by digital music platforms and streaming services.
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