San Francisco (CNN Business) Peloton's ride just got a little bumpier. The boutique fitness brand is now facing a $150 million lawsuit over alleged copyright violations for its use of over 1,000 songs in its workout videos. "We just received the complaint yesterday, and we are evaluating it," a Peloton spokesperson told CNN Business in a statement. In fact, we have partnered with each of the major music publishers, record labels and performing rights organizations, and many leading independents." The spokesperson also said the company has "invested heavily" in a reporting and licensing system that helps support its partnerships.
Source: CNN March 21, 2019 00:56 UTC