The BPI is a trade organisation representing the UK recorded music business- including the UK's four major record labels and hundreds of independent music companies. BPI members account for approximately 90% of all recorded music sold in the UK, and globally the UK's recorded music market is the third biggest.
Established in 1973, the BPI’s mandate is still to “discuss matters of common interest and represent the British record industry in negotiations with Government departments, relevant unions and other interested parties and to promote the welfare and interests of the British record industry.”