Apple Just Bought a Company that Acts Like a Record Label. Why?

Apple now owns a company in Platoon that can offer every function of a record label — most crucially modern recording facilities — and that holds a sterling industry reputation for spotting new talent. So is Platoon the key to unlock Apple’s long-discussed potential as a music-rights owner — perhaps supplying Apple Music with its own exclusive recordings? It’s complicated.

Source: Apple Just Bought a Company that Acts Like a Record Label. Why?

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