In an attempt to return to profitability, Peloton lowers prices on bikes and treadmills and raises membership prices.
Keep ahead of your competition
Register now for our weekly subscription news round-up
Peloton
Latest
The new One Peloton Club bundled subscription lowers the barrier to entry which could attract new members.
After a $439M loss, Peloton’s CEO resigns and the company plans to lay off 2.8K employees and cut $800M in annual costs.
Just two weeks after a reporting a $(375)M loss for Q1 FY22, Peloton announced it hopes to raise $1B in a public offering of
Peloton stock took a major hit last week after the company reports its first quarter financials for fiscal year 2022.
Peloton concluded its fiscal year 2021 with slowing revenue growth and a net loss of $(313.2) million or $(1.05) per diluted share.
GM sues Ford over possible trademark infringement, NBC intentionally limits Peacock’s Olympics coverage, and Sports Illustrated signs podcast deal with iHeartMedia.
DC Comics extends digital magazine to print; Twitter opens applications to test new content subscription features; and CNN to sell NFTs.
Peloton says recalls will cost them $165M, Hearst offers buyouts to 600, FuboTV adds 43K subscribers.
After 70 injuries to children and pets and one child death, Peloton voluntarily recalled its Tread+ and Tread treadmills after initially fighting the CPSC
Don’t miss the latest subscription news. Sign up for updates now!
Search this site
Upcoming events
Actionable Insight & Advanced Strategies for What's Next.
