In order to use this music your must obtain an Independent Radio Production Company Licence from the PRS (Application can be obtained here: http://www.prsformusic.com/users/broadcastandonline/Radio/Documents/PRSforMusic_Independent%20Production%20Company%20Licence_Application%20Pack%202011.pdf)
The snapshot below taken from the PRS website (PRS for Music 2013) and gives detail of the licence, including fees required. Payment is calculated by dividing the amount of time the music is heard in the programme by the total length of the programme, this figure is then multiplied by 10% of the gross revenue of the production:
(Total duration of member music in programme X 10% of gross revenue).
Total duration of programme
References
Frank Sinatra. 1958. Come Fly With Me. [sound recording]. Los Angeles: Capitol
PRS For Music. 2013. Independent Radio Production Company License. [online] Available from: http://www.prsformusic.com/users/broadcastandonline/Radio/ipcradio/Pages/ipcradio.aspx [Accessed 2 May 2013].
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