Peloton Spent More Than $60MM In Litigation and Settlement Costs Over the Past Year

Peloton Spent More Than $60MM In Litigation and Settlement Costs Over the Past Year

In late February, Digital Music News was first to report that Peloton had settled its ugly copyright-infringement lawsuit with 14 music publishers. The high-stakes legal battle didn’t come cheap for the exercise equipment company, however.

According to financial documents just released, Peloton spent over $60 million on litigation and settlements during the past year.

The story continues here.