Recording Industry Foundation in Taiwan ( zh, 財團法人台灣唱片出版事業基金會, RIT), also known as IFPI Taiwan, formerly IFPI Members Foundation in Taiwan ( zh, 財團法人國際唱片業交流基金會), is the organization that represents the interests of the

music industry The music industry consists of the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, ...

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...

, and a member of the

International Federation of the Phonographic Industry The International Federation of the Phonographic Industry (IFPI) is the organisation that represents the interests of the recording industry worldwide. It is a non-profit members' organisation registered in Switzerland and founded in Italy in 19 ...

(IFPI).

History

The idea of establishing an IFPI branch in Taiwan was presented in a meeting of 200 representatives of the recording industry, government officials, and the communication industry in February 1986. This led to the organization of 11 domestic record companies in May of that year, and the official establishment of the IFPI Members Foundation in Taiwan on July 1, 1986, widely known by the name IFPI Taiwan. In August 1988, the National Library of Taiwan commissioned IFPI Taiwan with managing ISRC codes in Taiwan, which was assigned the "TW" country code. In November 2008, the organization was renamed as Recording Industry Foundation in Taiwan (RIT).

Charts

RIT launched the IFPI Taiwan Charts in August 1996 including weekly charts for "Local Top 20", "International Top 10" and "Single Top 10". The charts had their own

World Wide Web The World Wide Web (WWW), commonly known as the Web, is an information system enabling documents and other web resources to be accessed over the Internet. Documents and downloadable media are made available to the network through web se ...

site, a notable fact for the time. The ranking was based on a random sample of 60 reporting outlets ranking their top-selling titles, a methodology which was challenged by senior label executives as being easy to manipulate. Charts were published for 1997, 1998 and 1999, until they were canceled in August 1999. The reason given for cancellation was that due to the market share of music piracy, the "Chart has not been able to tell the real market situation." The last chart published was on 26 August 1999 (week 32).

Certifications and awards

Sales certificates

RIT has started providing

music recording sales certification Music recording certification is a system of certifying that a music recording has shipped, sold, or streamed a certain number of units. The threshold quantity varies by type (such as album, single, music video) and by nation or territory (see ...

in August 1996, at the same time that IFPI Taiwan Charts were established. Since 2011, the certification can be based on either the number of physical units sold, or on the market value sold, including digital sales, where albums and singles are assigned their wholesale value ( per album and per single). The levels for certification are: Prior to 2011, certification was based on physical unis sold: RIT provides an archive of all past certifications, but no new certifications were published since 2012, the last certification being for

Mayday Mayday is an emergency procedure word used internationally as a distress signal in voice-procedure radio communications. It is used to signal a life-threatening emergency primarily by aviators and mariners, but in some countries local organiza ...

's ''

Second Round The second (symbol: s) is the unit of time in the International System of Units (SI), historically defined as of a day – this factor derived from the division of the day first into 24 hours, then to 60 minutes and finally to 60 seconds e ...

'' which was certified 10× Platinum for sales of 128,754 units and . The highest certification awarded was 21× Platinum, awarded to James Horner's '' Titanic: Music from the Motion Picture''.

Golden Melody Awards

The Golden Melody Awards is an honor awarded by the Ministry of Culture of Taiwan to recognize outstanding achievement in the

Mandarin Mandarin or The Mandarin may refer to: Language * Mandarin Chinese, branch of Chinese originally spoken in northern parts of the country ** Standard Chinese or Modern Standard Mandarin, the official language of China ** Taiwanese Mandarin, Stand ...

Taiwanese Taiwanese may refer to: * Taiwanese language, another name for Taiwanese Hokkien * Something from or related to Taiwan ( Formosa) * Taiwanese aborigines, the indigenous people of Taiwan * Han Taiwanese, the Han people of Taiwan * Taiwanese people, ...

Hakka The Hakka (), sometimes also referred to as Hakka Han, or Hakka Chinese, or Hakkas are a Han Chinese subgroup whose ancestral homes are chiefly in the Hakka-speaking provincial areas of Guangdong, Fujian, Jiangxi, Guangxi, Sichuan, Hunan, Zhej ...

, and Formosan-languages popular and traditional music industry. It is co-organized by RIT since its inception in 1990.

Hong Kong Asian-Pop Music Festival

RIT is one of the participants and co-organizers of the Hong Kong Asian-Pop Music Festival (HKAMF) since its inception in 2011, RIT is the organization recommending the Taiwanese participant in the "Asian Next Super Nova Competition".

References

External links

* {{Music recording certification Organizations established in 1986 Music organizations based in Taiwan Music industry associations 1986 establishments in Taiwan