Apple Internet Radio - Are They Going To Start on the Bottom?

MEMPHIS TN (IFS) --Don't know why it took Apple so long to enter into the internet radio market.  They have been a perfect candidate as they have the largest digital recording distribution company in the world.  So they are looking in Pandora Radio as a possible target.  The smoke in the house tells a different story.  Why should Apple start at the bottom of the pile?  The largest radio network on the internet belongs to live365.com.  They originally hosted Radio Disney for a long time, before Disney created their own radio protocol.

Its not a far stretch if Apple decides to create their own radio protocol.  But in the eyes of the true believers, it would be best to take over an existing company that all ready has a winning track record with profits to start.