Internet radio company Pandora has agreed to pay the major US 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.

The settlement covers Pandora's past plays of pre-1972 music, and it also covers the music service through the end of 2016. At that time, Pandora will have to reach another licensing deal with the RIAA if it wants to keep playing the old music.

The two parties continue to be engaged in a dispute at the Copyright Royalty Board about how much Pandora should pay per song. The settlement announced today doesn't affect that dispute, which is ongoing.

“Pandora is excited to have found resolution with these record labels,” said Pandora CEO Brian McAndrews in a statement. “We pursued this settlement in order to move the conversation forward and continue to foster a better, collaborative relationship with the labels.”

“Major settlements with SiriusXM and now Pandora means that an iconic generation of artists and the labels that supported them will be paid for the use of their creative works,” said RIAA Chairman and CEO Cary Sherman. “That is a significant milestone and a big win for the music community.”

Pandora and Sirius were both sued over pre-1972 songs by the RIAA in 2013. They also face purported class-action litigation brought by members of a 1960s band called The Turtles. The RIAA soon followed up with its own lawsuits. After key legal rulings in the RIAA's favor, both companies have agreed to settle.

Earlier this week, an Illinois couple who owned several recording companies in the 1950s and 1960s filed their own lawsuit over pre-1972 songs against Pandora, SiriusXM, and iHeartRadio. That lawsuit seeks payment under New Jersey common law.