This was something I was originally worried about.
I've now been doing internet radio & podcasts for the last 2.5 yrs.
There has been no contact from PRS or any other official representative yet!
I also setup & run a Live stream digital DJ site: http://www.dvsdjtv.com
Again we've never been sent any notices or orders for any music issues.
I should state that all the music is mixed in a live performance.
Within the first 3 months from when we first started we had over 80 DJ's playing 2 hour sets from around the world! Was epic... but hard to keep running 24/7 when you have a life & work outside of the Internet.
I say go for it, you've got nothing to lose, but free publication of your DJ skills.
For Podcast & archives check it out.
http://www.thankphat.com
http://thankphatitsfriday.blogspot.com
Peace
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