The domestic trade name of IFPI Greece is "Ένωση Ελλήνων Παραγωγών Ηχογραφημάτων" (ΕΕΠΗ)[1] (English: Association of Greek Producers of Phonograms [AGPP]).
[4] Also cited was the large number of small shops which lacked detailed sales data required as a basis toward an accurate tracking system.
In response to the discontinuation, Viko Antypas, managing director of PolyGram Greece, referred to the charts as "an experiment that failed".
[5] Realizing the importance of having a national chart, which "helped bring the Greek music industry back into the public eye", IFPI sought to employ a system where albums would be tracked based upon actual sales to the public, as opposed to the number of retail shipments as was previously used.
It debuted in October 2010, replacing and combining the prior separate Greek-language and foreign album charts.
In 2011 IFPI Greece partnered up with a radio monitoring service MediaInspector to provide the official Top 200 Airplay chart.
[12] The company monitors a total of more than 450 radio stations around Greece, and compiles a combined repertoire chart.
The chart is based on streaming data provided by Akazoo, Spotify, Apple Music, Napster and Deezer as well as song downloads from iTunes.
[35] In May 2006, Agence France-Presse noted that "CD and DVD piracy is extremely widespread in Greece, with many Greeks preferring to purchase discs from peddlers touring cafes and restaurants rather than from licensed shops, which they see as overpriced.
"[36] In its July 2006 report, the IFPI found that Greece, along with Italy and Spain, had alarmingly high copyright infringement rates compared to other EU member states.
Copyright violating product was identified to account for 50% of all music sales in Greece and the IFPI blamed "an overlenient judicial system and ineffectual policing was hampering the fight against piracy.
[36] In 2008, Kathimerini newspaper noted that sales of bootlegs is thought to have cost Greece almost €1 billion in lost taxes over a nine-year period.
At a conference held in Athens in 2005, Chairman and CEO of IFPI John Kennedy stated: "Along with Spain, Greece is our biggest piracy problem country in Western Europe.
In fact with a piracy rate of around 50%, Greece is one of the very few Western European countries where illegal music copies almost outnumber legal sales.
As a result, Greece ranks amongst the lowest of EU states with regards to legal music recording sales.
This facilitates a guaranteed a return for the record companies and artists in the face of otherwise low legal sales.
Campaign logos would appear on almost every album release, inserted into music videos broadcasts, and public service announcements were designed as magazine and newspaper ads.
In 2005, the logo was updated with a differently stylized straight red-colored hand containing a black disc in its palm, with the "Piracy Kills Music" slogan appearing as caption below it.
This tactic of imprinting CDs and music videos appears to be fading as fewer labels have chosen to continue this practice since 2009.