“Internet radio company Pandora has sued ASCAP in a federal court in New York in an effort to get lower rates for the performance of ASCAP’s songwriters’ and composers’ works. The move is the latest by the Internet radio company to lower the amount it pays rights holders, performing artists and composers.

In a lawsuit filed Monday, Pandora has asked the court to set a “reasonable fees and terms” through 2015 that are commensurate with ASCAP’s catalog and the deals offered to competitors. The complaint explains that Pandora filed for a new license because its original 2005 license was “ill-suited and not reasonable.” Pandora has been paying interim fees since January 1, 2011 and has been unable to reach an agreement on a new license.”

Read more on Billboard [AlLindstrom]