International Association Of The Phonographic Industry

Keeping itself as the largest music industry in the whole world, the music industry in the United States has different organizations and associations which represent different roles in the music industry and serve different purposes, constructing a structure of checks and balances. American record labels and distributors got RIAA (Recording Industry Association of America), the domestic representative of the IFPI (International Federation of the Phonographic Industry) in America, to represent them and monitor and review relevant laws, regulations and policies on their behalf, and to take actions to protect their intellectual property rights. Music publishers got Harry Fox to issue mechanical licenses on behalf of a publisher, making sure users pay for use of these licenses, and accounts to the publisher. To represent the interests of both recording artists and record labels, SoundExchange was initially created in 2000 as a division of the RIAA, which became an independent non-profit organization to collects and distributes royalties earned by artists through various platforms. While SoundExchange works on behalf of record companies and artists, PROs (Performing Rights Organization) in the United States ASCAP, BMI and SESAC work on behalf of music publishers and songwriters when a song is publicly broadcasted, as they collect fees from establishments that play music in television, radio, clubs, restaurants, websites, or other broadcasting systems, which they then pay to theirShow MoreRelatedThe And Music Streaming Services Industry Background1411 Words   |  6 PagesStreaming Services Industry Background Audio streaming services are transforming the way music is consumed; from artist interaction to size and revenue potential. 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