The Conversation (0)
Global recording industry trade body IFPI announced on Thursday that Frances Moore will step down as CEO at the end of the year, ending a consequential tenure that began in 2010. Moore has agreed to assist in the search for her successor at the organization, which represents more than 8,000 record company members worldwide, including all three major labels.
Moore joined IFPI in 1994 as regional director for Europe; her 13-year tenure as chief executive makes her its longest-serving leader ever and, according to IFPI, the longest-serving leader of a recorded music trade body.
Under Moore’s leadership, IFPI has guided the global industry through a throng of seismic changes, namely its transition to digital streaming, along with major initiatives to strengthen copyright protections and intellectual property rights and the ongoing fight against music piracy. Those initiatives helped lay the groundwork for the recorded music industry’s year-on-year recovery from the lows of just over a decade ago when piracy was rampant.
When Moore started at CEO in 2010, global music sales had fallen to $13.8 billion from a high of over $22 billion in 1999. Last year, recorded music sales had rebounded to $26.2 billion, a rise of 9% on the previous year and the eighth consecutive year of growth, according to the organization’s most recent “Global Music Report.”
Noteworthy achievements during her 13-year tenure include the hard-fought enactment of the EU Copyright Directive – a landmark piece of legislation, which made online platforms like YouTube liable for unlicensed content, narrowing safe harbor protections in Europe, and which was passed in 2019 after extensive lobbying from IFPI.
Moore’s reign has also seen IFPI take a leading role in combating stream manipulation and copyright infringing websites around the world. Legal action taken or coordinated by IFPI in the digital era has led to around 5,200 infringing sites being blocked or shut down, says the London-based organization.
As the music industry has become more global, IFPI also created the IFPI Global Charts and in 2015, IFPI struck a blow to piracy by aligning the global release of new music to Fridays.
“After three decades with IFPI, thirteen of which as its Global CEO, it is time for me to hang up my spurs!” Moore,who trained as a barrister, said in a statement. “I have loved working for IFPI and the recording industry and feel so fortunate to have had the opportunity to serve in this role. I am very proud and appreciative of the IFPI team, both now and over the years. Every achievement has been the result of a team effort. “
She continued, “I have had the good fortune of living through so much of the industry’s transformation from analogue to digital. On my first day at IFPI thirty years ago, I was dealing with legislation on blank tape levies and here we are today dealing with legislation on AI!”
Along with advocating and taking actions on behalf of it members, IFPI of course endures as the recorded music industry’s main resource for documenting the industry’s progress. It’s annual “Global Music Report” continues to be the standard, and under Moore IFPI launched the IFPI Global Charts, the industry’s official annual ranking for the best-selling artists.
In a written statement, the IFPI Main Board said, thanked Moore for “navigating IFPI through arguably the most demanding and complex period of modern music’s history. At once, she has led us through music’s digital transition and the industry’s expansion worldwide, enabling a return to growth that mutually benefits artists, labels and the broader music ecosystem. Not only has she herself been an excellent and effective advocate for labels and creators, but Frances has built an incredible team of professionals to assure that her legacy will carry on.”
