Music purchased on iTunes can be used on YouTube without copyright claim?

Hello Apple Support,

I am a user of Apple products since a long time; I have recently launched a YouTube channel; I wish to purchase some music from your iTunes and make a video out of that and put it on the YouTube channel; since I would have paid for it; do I own the rights to redistribute it on my channel and monetise it to earn profit or the purchase I make is only for my personal use; and no other use can be made?

Please help me so that I do not act and get into some copyright claim issues.