At-home cycling company Peloton has announced a settlement in litigation brought last year by 14 members of the National Music Publishers' Association, the trade association that represents all American music publishers and their songwriting partners. The lawsuit alleged copyright infringement in Peloton's use of a number of artists' music in their programming.
In addition, Peloton and the trade association have entered into a joint collaboration agreement and will work together to further optimize Peloton's music licensing systems and processes.
"We are pleased the music publishers and their songwriter partners in this case have reached a settlement with Peloton that compensates creators properly and sets forth the environment for a positive relationship going forward,” said NMPA president & CEO David Israelite in a statement. “Peloton is an innovative company, and we are impressed with the company's investment in technology and commitment to delivering a powerful, authentic music experience. We look forward to our ongoing collaboration to find solutions that will benefit all songwriters."
Peloton's head of Music, Paul DeGooyer, emphasized the importance of music to the Peloton experience.
“We are very proud to have pioneered a new revenue stream for recording artists and songwriters,” DeGooyer said. “We're equally proud to partner with David and the NMPA to ensure that songwriters are, and continue to be, fairly compensated. With the NMPA's input, we are confident our proprietary, state-of-the-art music system will provide an even more dynamic fitness experience for our millions of members worldwide."
Peloton announced back in March of last year that it was removing a number of on-demand workouts that contain music related to a pending $150 million lawsuit against the cycling fitness company.
The terms of the settlement were not immediately available.
