The Peloton Bike+ will be available on Amazon in the US & Canada soon. Previously, only the original Peloton Bike & Guide were available for sale.
Company News
Original Peloton Bike Seat Post Also Recalled in Canada & clarifies situations Peloton seat post might break
Canada has joined the United States in issuing a voluntary recall for the original Peloton Bike seat post. They also shared more information on what may cause the Peloton Bike seat post to break.
Recall for Peloton Bike (original model PL01) issued by CPSC & Peloton over the Peloton Bike seat post
Peloton and the CPSC have issued a recall for the Peloton Bike. This is for the original Peloton Bike, due to an issue where the seat post could break. Members can order a free replacement seat post from Peloton to fix the issue.
May 2023 Peloton Terms of Service Updates: New Tread+ Mentions, Updates to Arbitration & Class Action Clauses
Peloton has updated their terms of service as of May 9, 2023. Changes include new Tread+ references, and updates to the arbitration and class action clauses.
Peloton temporarily stops selling the original Peloton Bike in the US & Canada (Update: Available Again)
Peloton appears to have temporarily stopped selling the original Peloton Bike in the US & Canada. The “Add to Cart” button has been replaced with a “Temporarily Unavailable” message.
Peloton CEO Barry McCarthy Receives a Pay Raise
Peloton CEO Barry McCarthy’s pay is being raised to $1.25 million annually, according to Peloton’s latest quarterly filing.
Lawsuit over Peloton class purges denied class action status
A judge has ruled against allowing a lawsuit about Peloton class purges to be turned into a class action lawsuit.
Peloton Has Identified An Issue with the Original Peloton Bike Seat Post & is Working with the U.S. Consumer Product Safety Commission (CPSC)
Peloton has identified a problem with the seat post on the original Peloton Bike and are working with the U.S. Consumer Product Safety Commission (CPSC) on a fix.
Peloton pays $75 million to settle lawsuit with Dish Network, ending risk of import ban on Peloton devices
Peloton has agreed to pay Dish Network $75 million to settle an ongoing patent lawsuit, that had resulted in an import ban being issued against Peloton by the US ITC.
Peloton App Tiers & Peloton Brand Relaunch both coming in May
Peloton App Tiers will be launching this month, and Peloton will be relaunching their brand as well in May 2023.
Peloton Expands the Bike/Bike+ Rental Program to Canada
Peloton is expanding their Bike rental program to Canada. People will be able to rent a Peloton Bike or Bike+ for one monthly cost.
Peloton Q3 2023 Earnings Call Date Announced for May 4th 2023
Peloton has announced that their Q3 2023 Earnings Call will take place on May 4th at 8:30 a.m. ET.