“International Federation of the Phonographic Industry Hong Kong Group” was established in 1967 in Hong Kong and corporatized as a limited company since 1998. Its wide membership covers the majority of record companies that create music copyrights and/or import music products for exploitation under exclusive licence in Hong Kong. It is 1 of the 45 federation members of IFPI that represents the recording industry worldwide with over 1,400 members in 66 countries.