The Indian Music Industry (IMI) is a trust that represents the recording industry distributors in India. It was founded on February 28, 1936, as Indian Phonographic Industry (IPI). It is the 2nd oldest music industry organization in the world that was involved in protecting copyrights of music producers and supporting growth of music entertainment industry. In 1994, it was renamed as Indian Music Industry (IMI) and represented India at the International Federation of the Phonographic Industry (IFPI). It is also registered with the West Bengal Societies Registration Act. All major music labels in India are part of this association. Record companies like Saregama (HMV), Universal Music Group (India), Tips Industries, Sony Music India, Virgin Records, Magnasound Records, Aditya Music, Times Music, Zee Music Company and T-Series several other prominent international, national and regional labels are part of the IMI. The IMI represents over 75% of all legal music sales in India. More information...
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