Podcast Music Licensing Not as Financially Daunting as Bloggers Surmise?

[source] While the post is completely Ameri-centric, it's worth noting that all of the major rights organisations worldwide have reciprocal agreements, so this is probably as good a guideline as you're likely to find - for now.

There promises to be a follow-up, and the comments at the bottom of the article are worth reading for a fuller understanding of the issue - but this is a great place to start:

Licensing music for podcasting is a perfect example of how real world legal models must be reformed in the wake of emerging technology. As the Cyberspace community members' ability to create a podcast increases with time and technology, the explosion of podcasting is imminent. While many consider podcasts to be digital download, there is also the view that they are broadcasts, and as such, performing rights organizations want to tap this new revenue stream for their members...

Read the full article here