who owns apple music

Apple Music is owned and operated by Apple Inc., the U.S.-based technology company founded by Steve Jobs, Steve Wozniak, and Ronald Wayne.
Who actually âownsâ Apple Music?
- The Apple Music streaming service is a product and business unit of Apple (the parent corporation), not a separate independent company.
- That means revenues, strategy, and IP for Apple Music are all controlled by Apple Inc.âs leadership and board.
How Apple ended up with a streaming service
- Appleâs modern music stack grew in part out of its 2014 acquisition of Beats Electronics and its streaming service Beats Music for about 3 billion USD. Apple then folded Beats Musicâs tech and expertise into what became Apple Music.
- Beats coâfounders Jimmy Iovine and Dr. Dre joined Apple as part of that deal, but they did not âownâ Apple Music; Apple retained control of the service.
Is âApple Musicâ its own company?
- âApple Musicâ is primarily a service brand under Apple, similar to iCloud or Apple TV+.
- There are some local Appleâlinked entities with âApple Musicâ in the name in various countries for operational or regulatory reasons, but ultimate ownership still traces back to Apple Inc. as the parent.
Information gathered from public forums or data available on the internet and portrayed here.