The French music streaming service is preparing to enter the likes of Germany, Spain, Italy and Belgium in Europe as well as a number of countries across South America, Africa and South East Asia.

Noting that rival Spotify has placed breaking the US on "high priority", however Foster shows no desire to compete for the space in the near future.

"Good luck to them," he told Billboard.biz. "It's a difficult market to break and they're allocating a lot of resources ...