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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Council cutbacks hit blind readers using RNIB scheme

Written By: Benedicte Page Publication Date: Thu, 02/06/2011 - 09:33 Local authority cutbacks to the Royal National Institute for the Blind’s Talking Books service are leaving blind and visually impaired book lovers without proper access to the world of reading, the RNIB has said. The service... Continue reading at The Bookseller

[ The Bookseller | 2011-06-02 00:00:00 UTC ]
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GigiOM Raises $6 Million in Round Led By Reed Elsevier

GigaOM, a media company targeting the tech space, has secured a $6 million round of funding led by Reed Elsevier's investment group Reed Elsevier Ventures. Existing venture partners Alloy Ventures and True Ventures also participated in the round. Continue reading at Folio Magazine

[ Folio Magazine | 2011-05-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #round led #reed elsevier #tech space #funding led


Metamarkets Raises $6 Million To Help Big Web Publishers Corral Big Data

A ad tech startup that promises to help Web publishers make sense of all the data their ad sales generate. Continue reading at AllThingsD

[ AllThingsD | 2011-05-31 00:00:00 UTC ]
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Brewster's Millions: ALA Preview 2011

At the ALA Midwinter Meeting in San Diego, a standing-room-only panel focused on how ebooks will affect the future of libraries. From research and pilot programs to digitizing efforts, libraries have long helped prepare the way for ebooks. But now that the consumer market for ebooks has taken... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #san diego #panel focused #consumer market


Internet Advertising Hits Record $7.3 Billion in First Quarter

Internet advertising in the U.S. totaled $7.3 billion in the U.S. in the first quarter of 2011, up 23 percent over the same period in 2010 and set the highest first quarter level ever for the industry, according to the Interactive Advertising Bureau. Continue reading at Folio Magazine

[ Folio Magazine | 2011-05-26 00:00:00 UTC ]
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Three French publishers file new lawsuit against Google

Written By: Barbara Casassus Publication Date: Wed, 11/05/2011 - 08:11 French publishers Albin Michel, Flammarion and Gallimard are suing Google for having scanned 9,797 books without prior permission for its Google Book Search programme, a publishing source told The Bookseller. Lawyers for... Continue reading at The Bookseller

[ The Bookseller | 2011-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prior permission #filed suit


Shift to digital will hit revenue, says Barnsley

Written By: Benedicte Page Publication Date: Tue, 10/05/2011 - 09:03 Publishers are unlikely to be able to replace the revenues lost in the shift from print to ebooks unless they can significantly grow volume sales, according to HarperCollins c.e.o. Victoria Barnsley. read more Continue reading at The Bookseller

[ The Bookseller | 2011-05-10 00:00:00 UTC ]
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Random hits 2m ebook sales

Written By: Charlotte Williams Publication Date: Fri, 06/05/2011 - 08:55 Random House has hit the landmark of two million ebooks sold in the UK, with other leading publishers reporting a first quarter “explosion” in digital sales. E-books currently account for 8% of RH's overall sales, with... Continue reading at The Bookseller

[ The Bookseller | 2011-05-06 00:00:00 UTC ]
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PBS cuts "will hit sales"

Written By: Benedicte Page Publication Date: Mon, 18/04/2011 - 09:20 Poetry publishers have united en masse to demand the Arts Council overturn its decision to stop funding the Poetry Book Society, saying the demise of the organisation would lead to a "considerable loss of sales". A total of... Continue reading at The Bookseller

[ The Bookseller | 2011-04-18 00:00:00 UTC ]
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HuffPo Bloggers File Lawsuit Against AOL

Since AOL bought Huffington Post for $315 million in early March, the controversy has not let up. In an editorial overhaul constructed by HuffPo founder Arianna Huffington (in her new role as head of editorial operations with AOL), AOL laid off hundreds of workers, 300 of those state side. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-12 00:00:00 UTC ]
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Cutbacks hit the schoolbook market

Written By: Lisa Campbell Publication Date: Fri, 08/04/2011 - 14:47 The Publishers Association has called for more government investment in learning resources after a survey revealed the schoolbook market was hit by cutbacks this year, with further cuts anticipated in 2012. The PA's recently... Continue reading at The Bookseller

[ The Bookseller | 2011-04-08 00:00:00 UTC ]
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Google Says Microsoft Patent Lawsuit Threatens Innovation

Google took a slap at Microsoft on Tuesday, saying the software giant's patent lawsuit against bookseller Barnes & Noble's Android-based e-reader stifles... Continue reading at PC World

[ PC World | 2011-03-22 00:00:00 UTC ]
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Authors hit by new fears over taxation charge

Written By: Benedicte Page Publication Date: Fri, 11/03/2011 - 16:25 Writers’ ability to average out their earnings over a number of years could be abolished, according to new tax system proposals. read more Continue reading at The Bookseller

[ The Bookseller | 2011-03-11 00:00:00 UTC ]
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UK's big four could be worst hit in REDgroup collapse

Written By: Charlotte Williams Publication Date: Fri, 25/02/2011 - 08:45 The UK's big four publishing groups—Penguin, Hachette, Random House and HarperCollins—could be the worst hit in terms of exposure to the ANZ market according to Nielsen BookScan data, following REDgroup's collapse in... Continue reading at The Bookseller

[ The Bookseller | 2011-02-25 00:00:00 UTC ]
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Android Market ebooks goes live; music and movies to follow?

By Tim Conneally, Betanews The Android Market has never had any specific ban on carrying and selling straight up text documents, and users could search through the market and find apps that were, in effect, standalone ebooks. Now, however, there is a section dedicated specifically to ebooks... Continue reading at Betanews

[ Betanews | 2011-02-25 00:00:00 UTC ]
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The Daily's $30 Million Launch: Archetype for Tablet Success or the Next Portfolio?

Apple kept mum on its highly anticipated digital subscription plan during a press conference today at the Guggenheim in New York City announcing News Corp.'s new tablet publication The Daily (which is available in the App Store as of noon Eastern), but News Corp. Continue reading at Folio Magazine

[ Folio Magazine | 2011-02-02 00:00:00 UTC ]
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Hearst To Buy Lagardere Magazine, Digital Units for $889 Million

Hearst Corp. announced today that it has made an offer of 651 million euros (or about $889 million) for Lagardere's international press and magazine business, including 102 titles in 15 countries, and 50 related Web sites. The deal includes publishing rights to Elle in 15 countries as well as 10... Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-31 00:00:00 UTC ]
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Tablet sales will hit 1m in France this year - GfK

Written By: Barbara Casassus Market research firm GfK has predicted that 1 million tactile tablets will be sold in France this year. A total of 435,000 worth 220 million euros were sold here in 2010, a strong start for the new market. Although tablet sales for Christmas were reported not to... Continue reading at The Bookseller

[ The Bookseller | 2011-01-27 00:00:00 UTC ]
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Paste Returns? Music Mag Acquired, Set to Relaunch as Digital Edition

The assets of music magazine Paste—which folded in print last fall but kept Pastemagazine.com alive—have been sold to Wolfgang's Vault, owner of a variety of music sites including Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital edition