The BPI (British Recorded Music Industry) Limited, commonly known as the British Phonographic Industry or BPI, is the British recorded music industry's trade association. 

Its membership comprises hundreds of music companies including all three "major" record companies in the UK (Warner Music UK, Sony Music Entertainment, and Universal Music Group), and hundreds of independent music labels and small to medium-sized music businesses. 

It has represented the interests of British record companies since being formally incorporated in 1973 when the principal aim was to promote British music and fight copyright infringement. 

In 2007, the association's legal name was changed from British Phonographic Industry Limited (The). 

It founded the annual BRIT Awards for the British music industry in 1977, and, later, The Classic BRIT Awards. The organizing company, BRIT Awards Limited, is a fully owned subsidiary of the BPI. Proceeds from both shows go to the BRIT Trust, the charitable arm of the BPI that has donated almost £15m to charitable causes nationwide since its foundation in 1989. In September 2013, the BPI presented the first ever BRITs Icon Award to Sir Elton John. The BPI also endorsed the launch of the Mercury Prize for the Album of the Year in 1992. 

The recorded music industry's Certified Awards program, which attributes Platinum, Gold and Silver status to singles, albums and music videos (Platinum and Gold only) based on their sales performance (see BPI Certified Awards program), has been administered by the BPI since its inception in 1973. In September 2008, the BPI became one of the founding members of UK Music, an umbrella organisation representing the interests of all parts of the industry.
What does BPI stand for?
commonly known as the British Phonographic Industry or BPI