A federal judge has dismissed the Solomon v. Peloton shareholder lawsuit alleging the company concealed quality control problems, including painting over rust on bike seat frames, ahead of the 2023 recall of 2.2 million original Bikes. This is the second time the case has been dismissed.
Company News
Peloton Introducing Netflix-Style Ad-Supported Membership Tier & More (April Fools)
Peloton is introducing a tiered membership model with an ad-supported option at $49.99/month and an ad-free “Premium” tier at $54.99/month. The company is also overhauling its studio booking system with boarding groups and premium seating options.
Report: Peloton Will Not Launch Their Zwift Competitor
A report indicates that Peloton will not launch their Zwift competitor – a project that had been in beta testing for nearly two years.
Peloton Hiring an Engineering Team in Poland – Office at WeWork Warsaw
Peloton is hiring for a new office in Warsaw, Poland, where they will have a new engineering team.
Peloton Announces Partnership with HOKA Hackney Half Marathon & Event at PSL
Peloton has announced a new partnership with the HOKA Hackney Half Marathon, joining as the Official Cross-Training Equipment Partner for the 2026 event. A run club for the event has been announced as well on April 8th from PSL.
Report: Peloton Continues Outsourcing – Now to India & Poland
A recent Bloomberg report touched on Peloton’s continued outsourcing efforts and internal concerns about the growing role of AI within the company.
Sarah Robb O’Hagan Named Peloton’s Chief Content and Member Development Officer; Jen Cotter Departing After 7 Years
Peloton has appointed Sarah Robb O’Hagan as Chief Content and Member Development Officer, effective April 1, 2026. She replaces Jen Cotter, who is leaving after seven years.
Peloton “Commercial Series” Bike & Tread Announced for Gyms & Heavy Use Locations
Peloton has announced the Commercial Series, a bike and tread designed for high-usage environments like gyms.
Report: Peloton Considering Lower-Priced Treadmill, New Product Categories, and Marketing to GLP-1 Users
A Bloomberg report details Peloton’s plans under CEO Peter Stern, including a potential lower-cost treadmill, new product categories with a focus on strength training, and marketing campaigns targeting GLP-1 weight loss drug users. New products are at least 12-18 months away.
Peloton Appoints Saqib Baig as Interim Chief Financial Officer
Peloton has named Chief Accounting Officer Saqib Baig as interim Chief Financial Officer effective March 27, 2026, when current CFO Liz Coddington departs.
Peloton Discounts for Seniors (Ages 65+) on App Subscriptions & Hardware Purchases (Bike, Tread, Row) Being Tested
Peloton is testing giving discounts on the app subscriptions and Bike, Tread, and Row purchases to seniors ages 65 & older.
Chase Sapphire Preferred Offering One Free Month of Peloton App+, App One, or Strength+ Membership
Chase Sapphire Preferred cardholders can get one free month of a Peloton App+, App One, or Strength+ membership via a statement credit.
