A group of music publishers suing Peloton Interactive Inc. allege the company’s workout video-streaming service used more than twice as many songs without permission as they had previously claimed, and they are seeking more than $300 million in damages.
In March, the publishers, represented by the National Music Publishers’ Association, sued Peloton, saying it used more than 1,000 songs—including hits from Justin Timberlake, Gwen Stefani, Drake and Lady Gaga—without acquiring licenses to use the songwriters’ compositions....
BarbarianCap After decade+ of these nonsense IPOs, clear that: 'Disruptor Start-Up' = 1) Scofflaw: ignore 'petty laws' that others in industry follow; 2) Larcenist: ignore 'petty ownership' that others in industry respect; 3) Freeloader: ignore 'petty fees/dues' that others in industry pay.
So, like 5 bikes worth?
By the way, peloton means fearless in Finnish.
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