A:
Any website which supports music streaming works great with the Chromebook so Pandora, iheartradio, etc, etc. Google Music is an excellent, cloud-based iTunes replacement allowing you to store up to 20,000 songs in your free account and play them back on the Chromebook or any other devices.
As far as movies, the new $249 Chromebook doesn't currently work with Netflix (older units do). This is supposed to be remedied eventually. Movies purchased from Google Play should work well.
Jay