Music publishers say: Peloton stole even more music, ask for $300 million
The American Music Publishing Association (NMPA) has asked the court to double the claim for the start of an exercise bike or treadmill after discovering that it is used in unlicensed music playing videos, including Taylor Swift and Kesha’s tunes. screen. According to Forbes’ report, it is currently seeking $ 300 million in damages.
The first complaint filed in March accused Peloton of using more than 1,000 songs without obtaining a proper license. At that time, NMPA demanded $ 150 million in damages.
After the lawsuit was filed, the uncomfortable song conveniently disappeared and confused the owner of the connected exercise equipment, which was used to the beloved playlist.
But as reported by The Verge, not all songs are gone. The NMPA should say this:
Indeed, it is only as a result of initial discovery in this lawsuit that the full scope and extent of Peloton’s unlawful infringement has started to come into focus, revealing more than 1,000 additional musical works […] those newly discovered works include some of the most famous and popular songs ever recorded, such as “Georgia On My Mind,” “I Can See For Miles” and “I Saw Her Standing There.”
The plosive is the core of the Peloton business model. The company, which will be released later this year, will allow people to recreate the experience of attending great exercise classes without leaving their lives. Brand value can reach $ 8 billion if the investor agrees that the company’s IPO price is correctly formulated.
Fellowton told Hollywood Reporter that NMPA’s new claim is spectacular.
NMPA has re-released its anti-competitive goal in this matter. March NMPA demanded a rapid test schedule and Peloton agreed immediately. Eve of mediation by court order The NMPA attempted to change the optics of the lawsuit by filing an exaggerated new claim before arbitration. We look forward to defending ourselves from the claims made in this matter and seeking a counterclaim.
You can read NMPA’s complete requested amendment below.
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