Apple Doesn’t Want to Compete — It Wants to Own the Record Business

The proof is in the 800 million credit cards it already has on file — comparably, Spotify has 15 million subscriptions and 60 million monthly users, although the service is growing, headed to an initial public offering.

In fact, integration has begun. Apple TV features a Beats logo, an update to Apple’s iOS will include streaming and creative is in the works for new ads starring artists recruited by Iovine.

via Apple Doesn’t Want to Compete — It Wants to Own the Record Business | Billboard.