Peloton hit with $150 million lawsuit for music infringement

Peloton made a name for itself as a fitness bike purveyor, where consumers could stream their favorite musical artists while cycling in the comfort of their own homes. Now, that reputation is under threat from a copyright lawsuit that accuses the seven-year-old brand of stealing music.On Tuesday, several members of the National Music Publishers Association including Downtown Music Publishing and The Royalty Network filed a lawsuit against the New York-based Peloton, alleging infringement of over one thousand musical works. The group is seeking damages in excess of $150 million. The suit alleges that Peloton has used unlicensed recordings from artists such as Rihanna, Bruno Mars, Lady Gaga, Ariana Grande and Justin Timberlake."Music is a core part of the Peloton business model and is responsible for much of the brand's swift success," said NMPA President and CEO David Israelite in a statement. "It is frankly unimaginable that a company of this size and sophistication would think it could exploit music in this way without the proper licenses for this long, and we look forward to getting music creators what they deserve." Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2019-03-21 00:00:00 UTC ]
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Zell Company Seeks Part of Any Future Lawsuit Winnings Over Tribune Buyout

Billionaire Sam Zell is demanding a share of any money retirees and other creditors may win in lawsuits or legal settlements over the 2007 leveraged buyout he engineered of newspaper publisher Tribune Co. (TRB) The demand, made through the Zell-co ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-03-06 00:00:00 UTC ]
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Retirement Community Residents Write Surprise WWII Hit

A last-minute addition to the University Press of New England list has become the fastest-selling book in the Hanover, N.H., university press consortium’s 42-year history and its first book to hit Amazon’s top 10. World War II Remembered isn’t even published by one of its regular distribution... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-03-05 00:00:00 UTC ]
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Houston Chronicle’s La Voz to Increase Circulation to 150,000

Hearst owned Spanish-language weekly La Voz is going to increase its circulation from 100,000 to 150,000 in the second half of 2012. La Voz is published by The Houston Chronicle “in the first quarter we are launching Phase 1 which is a re-a ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-02-16 00:00:00 UTC ]
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News Corp hit by $87m NotW costs

Rupert Murdoch's News Corporation has reported a 43% hit on its publishing arm, which includes its UK national newspapers, reducing the unit's operating income to $218m (£138m) as it was hit by multimillion-pound costs relating to the phone-hacking scandal at the News of the World. Continue reading at Media Week

[ Media Week | 2012-02-09 00:00:00 UTC ]
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Stora Enso Restructures to Drop $63.6 Million in Costs

Stora Enso has announced a restructuring plan that aims to cut costs in its annual magazine paper operation by about $63.6 million by third quarter 2013, with the goal of improving efficiency and productivity. Continue reading at Folio Magazine

[ Folio Magazine | 2012-02-09 00:00:00 UTC ]
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Indigo and Books-a-Million join boycott of Amazon print titles

Canadian bookselling chain Indigo Books and Music and Books-a-Million have joined ranks with... Continue reading at The Bookseller

[ The Bookseller | 2012-02-06 00:00:00 UTC ]
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Putnam Pays $13,800 for Defense in Elizabeth Ailes Newspaper Lawsuit

CARMEL — Putnam County is paying more than $13,000 to an outside law firm for defending it against a lawsuit brought by Elizabeth Ailes, a weekly newspaper publisher and the wife of Fox News honcho Roger Ailes. Elizabeth Ailes, who owns the ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-02-03 00:00:00 UTC ]
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Polar Mobile Raises $6 Million For HTML5-Based Publishing Platform, MediaEverywhere

Polar Mobile, a digital media platform provider that builds apps for some of the biggest media companies, today announced it has secured an additional $6 million in funding. The new round, led by growth equity firm Georgian Partners, joins more than ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-01-23 00:00:00 UTC ]
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Short story 'newspaper' hits bookshops

The team behind the successful book Change the World for a Fiver has launched a free newspaper... Continue reading at The Bookseller

[ The Bookseller | 2012-01-16 00:00:00 UTC ]
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24 Million Secondary Characters: a Q&A with Adam Johnson

The Tip Sheet asked the author of The Orphan Master's Son: A Novel of North Korea what kind of impact the death of “dear leader” Kim Jong-il will have on the nation’s oppressed citizenry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-01-06 00:00:00 UTC ]
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Cuts to hit Liverpool library services

Liverpool is the latest city to suffer library cuts as the council announced three locations will... Continue reading at The Bookseller

[ The Bookseller | 2012-01-05 00:00:00 UTC ]
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Wimpy Kid author files lawsuit against Zombie Kid publisher

Jeff Kinney, author of the Diary of a Wimpy Kid series, has filed a trademark lawsuit against... Continue reading at The Bookseller

[ The Bookseller | 2011-12-22 00:00:00 UTC ]
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Kindles Sell by the Millions

Analysis: Amazon's admission of selling a million Kindles per week is good news for the ebook market in general. Continue reading at PC World

[ PC World | 2011-12-18 00:00:00 UTC ]
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OUP hits 300 with Very Short Introductions

Oxford University Press will be releasing its 300th Very Short Introduction title in January 2012... Continue reading at The Bookseller

[ The Bookseller | 2011-12-16 00:00:00 UTC ]
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Jobs Bio a Global Hit: International Bestsellers December 2011

A few days after Amazon announced that the Steve Jobs biography was its top-selling book of 2011 (combined print and ebook sales), the book debuted on bestseller charts around the world, including the three countries highlighted this month. Steve Jobs was #3 in France and the Netherlands, and... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-12-16 00:00:00 UTC ]
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Reader's Digest Association Cuts 150 Jobs Worldwide

Reader’s Digest Association has eliminated 150 positions across all of its business groups worldwide, with half the cuts affecting jobs in the U.S. and the other half international. Continue reading at Folio Magazine

[ Folio Magazine | 2011-12-16 00:00:00 UTC ]
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Google Acquires Music Royalty Manager RightsFlow

Google Inc.'s YouTube said it acquired RightsFlow Inc., a small company that tracks and processes royalty payments to songwriters and music publishers. Continue reading at AllThingsD

[ AllThingsD | 2011-12-10 00:00:00 UTC ]
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Sleeper Hits From Big Houses

There may be no greater indication of how things have changed in corporate publishing than the results of an informal PW search for sleeper hits of the year from major publishers. We annually round up sleepers from indie publishers for a late summer feature, but we have not made a regular habit... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-12-09 00:00:00 UTC ]
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Kindle Fire could hit UK in January

Amazon’s Kindle Fire tablet is reportedly launching in the UK in January. Know Your... Continue reading at The Bookseller

[ The Bookseller | 2011-12-08 00:00:00 UTC ]
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Melville House Finds Hit for the 99%

Although the staff at Melville House originally envisioned David Graeber’s new book as a short work on the economy, it just kept growing until Debt: The First 5,000 Years, a now 550-page comprehensive work on the impact of financial issues on people, was eventually published this past summer.... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-12-02 00:00:00 UTC ]
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