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If you’re looking for stream music licensing check LoudCity (http://www.loudcity.net/). Their rates are very reasonable and you are legit for your streams.
What happens is you become a “LoudCity Broadcaster” by term so you are covered under their blanket licensing.
The only oddity is that your stream listeners *must* launch their listening session from a page on LoudCity’s website (domain). There is a long winded explanation but basically they have licensed their web domain as the broadcasting site. So all connections have to start from there. It’s a breeze to set up and if you get a Pro account, you can customize this page to match your sites theme so it’s pretty seamless.