Pandora Agrees to $90M Payment in State Copyright Dispute

Internet radio company Pandora has agreed to pay the major U.S. record labels $90 million over streaming of pre-1972 songs, which aren't covered under federal copyright but are covered by state-level copyrights in areas including New York and California. It's the second big payment that will go to the Recording Industry Association of America, which has already won a $210 million settlement with SiriusXM satellite radio over the same issue.