One month after a group of music publishers sued it for copyright infringement, Peloton is firing back with a countersuit claiming anticompetitive conduct. On Tuesday, the New York-based fitness startup filed an answer to a complaint by members of the National Music Publishers’ Association and other publishers in U.S. District Court of the Southern District of New York. “Peloton is not the bad actor that Plaintiffs portray it to be,” the 46-page counterclaim reads. “Peloton values the musical element of its service offering and respects — and pays — the music rightsholders associated with that offering.” The legal move is a response to a March filing in which several members of the National Music Publishers Association, such as The Royalty Network, sued 7-year-old Peloton, seeking damages in excess of $150 million for allegedly using unlicensed recordings from high-profile musicians including Bruno Mars and Lady Gaga. Many in the music business were surprised that a company of Peloton’s size could be in violation of licensing rights. But Peloton Interactive disputes the claim, saying it has licenses from all major and many independent record labels, publishers and performing rights organizations representing the songwriters it uses. The brand says it has invested heavily in creating a licensing structure for its unique business model, which allows users to stream music from home as they cycle on its bikes. In the claim, Peloton alleges the NMPA and its publishers have... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-05-01 00:00:00 UTC ]
Hachette Livre has said it "remains confident that it did not violate the antitrust laws,... Continue reading at The Bookseller
[ The Bookseller | 2012-09-19 00:00:00 UTC ]
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Three book publishers will pay more than US$69 million to U.S. states to settle charges they collaborated to fix prices of ebooks. Continue reading at PC World
[ PC World | 2012-08-30 00:00:00 UTC ]
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Much has been made about the importance of bricks-and-mortar bookstores as showrooms, places that will help prevent the book business from going the way of the music industry as the sales of digital books grow. But hundreds of showrooms and thousands of square feet of book retail space are about... Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-08-05 00:00:00 UTC ]
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Written By: Barbara Casassus Publication Date: Wed, 18/05/2011 - 14:45 The French National Assembly yesterday (17th May) voted into law a bill allowing publishers to fix prices of all ebooks sold in France. The text says that retailers inside or outside France must respect the fixed prices.... Continue reading at The Bookseller
[ The Bookseller | 2011-05-18 00:00:00 UTC ]
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Written By: Barbara Casassus Publication Date: Thu, 05/05/2011 - 09:14 France is bracing for battle with the European Commission with its government on the verge of adopting a bill allowing publishers to fix prices for all ebooks sold in France. The bill, which was approved unanimously by an... Continue reading at The Bookseller
[ The Bookseller | 2011-05-05 00:00:00 UTC ]
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