Key Highlights :
1. Gamma is a music startup created by former Apple Music Global Creative Director Larry Jackson and veteran music executive Ike Youssef.
2. It positions itself as an alternative to traditional record labels and plans to collaborate with Todd Boehly's Eldridge, whose investments include the Los Angeles Dodgers.
3. Gamma declined to comment on a published report that it has access to about $1 billion in capital.
Apple backs a music startup founded by one of its former executives, Gamma. The company positions itself as an alternative to traditional record labels, and early projects will include work with Snoop Dogg and his Death Row catalog, Rick Ross, and Naomi Campbell.
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