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by jon-wood 3095 days ago
It wouldn’t surprise me if Apple not being in that game yet is because of their long standing agreement with Apple Records (the Beatle’s label), who challenged their trademark a while back when they started selling music. I suspect getting into directly signing artists would breach whatever agreement was made and leave Apple open to a huge trademark suit.
2 comments

"In 1978, Apple Records filed suit against Apple Computer (now Apple Inc.) for trademark infringement. The suit was settled in 1981 with the payment of $80,000 to Apple Corps. As a condition of the settlement, Apple Computer agreed to stay out of the music business. A dispute subsequently arose in 1989 when Apple Corps sued, alleging that Apple Computer's machines' ability to play back MIDI music was a violation of the 1981 settlement agreement. In 1991 another settlement, of around $26.5 million, was reached.[54][55] In September 2003, Apple Computer was again sued by Apple Corps, this time for introducing the iTunes Music Store and the iPod, which Apple Corps asserted was a violation of Apple's agreement not to distribute music. The trial opened on 29 March 2006 in the UK,[56] and in a judgement issued on 8 May 2006, Apple Corps lost the case."

https://en.wikipedia.org/wiki/Apple_Corps#Apple_Corps_v._App...

Apple does directly sign non-label artists to exclusive deals with Apple Music, but so far that's mostly established artists, they haven't put money into discovering and developing artists.