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One, three. Wondery.

From Wondery, I'm David Brown, and this is Business Wars Daily on this Tuesday, March 26th.

Perhaps it was bound to happen. The music industry took notice

of Peloton and didn't like what it saw. Peloton, for those of you who have escaped the craze,

sells at-home exercise bikes and treadmills, and video spin classes that make you feel like you're

working out along with thousands of sweaty friends. Prices are high.

A bike costs about $2,300, and a treadmill will set you back up to $4,300.

And then there's that $39 monthly streaming charge.

The offerings have been so popular that investment bankers now value Peloton at more than $4 billion. One reason for its success,

the music in those videos. Ten music publishers are suing Peloton for copyright infringement. The publishers say Peloton is using at least a thousand songs by well-known artists, such as Drake,

Justin Timberlake, and Lady Gaga, without paying for him.

...