No. iTunes Match is not a streaming service (like Spotify), you purchase the items and download them to your devices. Unlike a streaming service, you don't have to be online to listen to your music.
I'm not sure what licences are being talked about here, but they must be licences to sell the music to a third party.
Edit: Correction; that appears to be wrong. It is a streaming
and a download service. But my point remains - you have actually purchased the music, not just the right to listen to it via a streaming service.
Edited by deleted (Sat 17-Dec-11 09:18:23)