It's the ideal offering and it's cheap, 5$ a month for unlimited music that works just like iTunes. Only thing is it doesn't have the same brand awareness in the US. Too bad it's not public, it would be a much better investment.
ALL of the internet music providers are the same (relatively) and compete too closely to TRULY differentiate themselves from one or the other, so at the end of the day, they are all doomed as individual equities. I've mentioned it before, but as I would NEVER put my money into P or Spotify, Rhapsody, iHeart (if they were all even public), I would be interested in an ETF consisting of internet music providers. That might be a good money play. I think the internet radio movement, as a whole, has a shot of making it, but all of the above mentioned companies are never going to shine (on over the other) on their own. Sorry P investors, it's just the truth.