Above Avalon:

Apple’s ambition in music continues to be misunderstood. Most of the focus remains on the battle between Apple Music and Spotify for paid music streaming subscribers. However, the much more interesting development relates to Apple’s desire to grab music mind share. Apple is aiming to leverage its strong balance sheet to control the music narrative, and in the process, remove all of the oxygen from the music streaming industry.

If this analysis is true, it’s an ambitious plan. But if anyone has all the tools in place to do it, it’s Apple.