Peloton

Peloton To Add Elvis Hits For Classes

(CNN) - The king of Rock and Roll is taking part in Peloton classes. The fitness company is adding three Elvis hits to its music library. The songs are Catchin' on Fast, Do the Vega, and Clean Up Your…

Beyonce, Peloton Team Up For Workout Partnership

(CNN) - Beyoncé is partnering with Peloton. The singer signed a multi-year deal with the at-home fitness company to create a series of themed workouts. The exercises will vary from cycling to running to yoga and even meditation. Beyoncé…

Peloton Recalls Pedals After Injuries

(CNN) - If you are one of the many people exercising on a Peloton during the pandemic, listen up. The company has voluntarily recalled clip-in pedals on 27,000 of the spin bikes due to a risk of injury. There…

Peloton Worker Has COVID, Live Classes Canceled

(CNN) - Peloton is putting its live video fitness classes on hold through the end of the month. The company made the announcement after an employee in its New York studio tested positive for COVID-19. But the announcement came…

Peloton Is Giving Free Bikes To Flywheel Customers

(CNN) - Peloton is giving away free bikes to some disappointed Flywheel customers. The two companies have been at odds over a patent infringement case since 2018. Earlier this month, Flywheel settled the case, admitting it copied Peloton's technology…

Peloton Sued For $300 Million Over Song Rights

(CNN) - Boutique fitness brand Peloton is being sued for $300 million over song rights. They allegedly stole more than 2,000 songs for their virtual fitness classes. The lawsuit was filed by the National Music Publisher's Association, which initially…

Peloton Fitness Startup Seeks To Raise $1 Billion

(CNN) - Indoor cycling startup Peloton is looking to raise about $1.1 billion  as part of its initial public offering. According to a new regulatory filing, the company will offer 40-million shares, between $26.00 and $29.00 each. Peloton offers…

Fitness Startup Peloton Files For IPO

(CNN) - Peloton has filed for an initial public offering. The indoor fitness startup says it generated $915 million in revenue in its most fiscal year. That's more than double the year prior. Even so Peloton's net losses are…

Peloton Hit With $150M Lawsuit

(CNN) - Popular home fitness company Peloton could be in some legal hot water. The Wall Street Journal reports that several music publishers are suing Peloton for more than $150 million in damages. The reason? The publishers allege Peloton…