Music Publishers Association Doubles Monetary Claim in Copyright Suit Against Peloton

While riders were busy hitting miles on September 12, 2019, Peloton (an exercise bike company) was slammed with an amended complaint for double damages in a copyright infringement suit.

In March 2019, the National Music Publishers Association (NMPA) filed suit against Peloton for using over 1,000 songs on their exercise equipment from various artists without a license. In response to recent discovery findings of usage of an additional 1,200 songs, the NMPA asked courts to double their claim from $150 million to $300 million.

Peloton filed counterclaims, asserting that the NMPA violated antitrust law. The counterclaim is the result of Peloton accusing the NMPA of instigating “A coordinated effort . . . to fix prices and engage in a concerted refusal to deal with Peloton.” The NMPA moved to dismiss the counterclaims, but a court has yet to rule on this motion.

The suit came in accompaniment with Peloton announcing a scheduled stock market launch of $26 and $29 per share of stock to increase company’s value. Peloton asserts they will continue to defend themselves against all claims in this matter and continue to peruse the counterclaims.

Sources:

https://www.hollywoodreporter.com/thr-esq/music-publishers-v-peloton-claimed-copyright-damages-double-300-million-1239448

https://nypost.com/2019/09/13/music-publishers-double-claims-against-peloton-to-300-million/

https://www.forbes.com/sites/bizcarson/2019/09/13/music-publishers-double-claims-against-peloton-to-300-million-for-using-taylor-swift-adele-songs/#65eeac4f60a3

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https://www.prudentialcenter.com/shop_detail.html?id=147

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