Exercise-Bike Maker Hit With $150M Lawsuit

Several music publishing groups Tuesday slapped Peloton with a $150 million lawsuit over songs used in workout videos, CNBC reports. The publishers allege that Peloton's exercise bikes, which stream the videos, used over 1,000 songs without permission—including music by Drake, Gwen Stefani, and Lady Gaga. But Peloton tells the Verge it does have a licensing system and works with several groups in the music industry. "We just received the complaint this morning, and we are evaluating it," says a Peloton rep. "Peloton has great respect for songwriters and artists." (More lawsuit stories.)