In the situation of a significant increase in the consumption of content in the digital environment, the stimulation of the development of media markets by the state becomes the basis for their successful development. The NFMI expects the state to become a partner for the music industry as well. This will lead not only to its strengthening, but also to the development of digital ecosystems and platforms in general. One of the NFMI's tasks is to build a successful dialogue with the state.
The NFMI has urgent tasks to protect the interests of right holders, authors, and artists, as well as to develop the music business. This also requires building positive relationships with related industries, including Internet companies, telecom operators, television broadcasters, and audiovisual services. NFMI's experience helps to achieve these objectives.
Today, the music industry is a dynamically developing sphere, which is increasingly characterized by digitalization of services and platforms used. However, legislation and law enforcement practice often lag behind the market demands. The activities of NFMI are aimed at solving this problem, as well as helping the music industry to eliminate existing administrative barriers and contribute to its further growth.
Among the tasks of NFMI is the preparation of a package of measures to support and stimulate the development of the music industry and its further promotion, as well as the improvement of existing mechanisms to counteract piracy.
Russia has a unique situation, because the domestic services are the most popular here: social networks, search engines and other resources. However, the Russian market for music content consumption is also unique in comparison with other countries: Russian artists are extremely popular here. The rights to Russian content make up a significant part of the rights holders' catalogues, and labels actively export music abroad, thus promoting Russian authors and artists. In its work, the NFMI creates conditions for legislative incentives for the development of the music industry, digital ecosystems, and platforms in which music content is used and distributed.
The members of the NFMI are major music companies. The cumulative catalog of phonograms and musical works of the NFMI member companies makes up more than 70 % of all music published in the world