Alternative to Live365 ?

Im interested in doing a internet radio mixshow. I plan on using mainstream dance music. Live365 offers an pretty comprehensive way to do this that includes ASCAP, BMI and SESAC performance licensing. But their pricing is a little to high for me.
Can anyone think of a way to do this in a similar way to Live365 that offers a license package at a low monthly cost?
thanks,
DJ Erik Thoresen

Errrm.

Purple Radio fella (http://www.purple-radio.co.uk)

We're PRS licensed, and are a good bunch of blokes. Listen in, check the soundcloud group and see if what we do interests you ...

Oooh Bristol.. just up the road from me ;)