“This won’t be the first time someone suggested Apple could start its own record label. But with Dr. Dre and Jimmy Iovine, two music industry heavyweights that have built some of the world’s biggest record labels rumored to be getting creative roles at Apple, it’s interesting to imagine what influence Iovine and friends could have on Apple’s approach to content,” Jordan Kahn writes for 9to5Mac.

“If Apple is ever going to move on from simply being a music distribution hub taking its 30 percent cut to a record label of sorts fostering, promoting, and investing more in artists, Iovine is as good as it gets,” Kahn writes. “Having built Interscope Records, the label behind some of the biggest artists of the last 20 years from Dr. Dre to Lady Gaga, Iovine’s real expertise is building labels, growing artists and selling music.”

Kahn writes, “I’d imagine if Apple were to start a record label of sorts it probably wouldn’t be a lot like a traditional record label. That is, perhaps the goal wouldn’t be to invest in developing artists in order to sell downloads and ticket sales, but rather to invest in artists to differentiate iTunes and its streaming companion from the competition.”

Read more, and see the photo illustration, in the full article here.

[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]

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