You operate the STANDARD version in this menu
The STANDARD version is for users who want to manage a maximum of 5 playlists for their personal use. A standard playlist has no template and each of the playlists must be customized. For the STANDARD version you pay an annual GOLD Subscription and can manage 5 playlists during this time. You can delete the playlists, create new ones, etc. However, there is no upgrade for more than 5 playlists.
Playlist
Overview of all your playlists. You can also copy your playlists here. Select a playlist and click on “Action” in the actionbar and click on “Copy”