• Loading stock data...
Friday September 20, 2024

Equinox Gets In Sync

John E. Sokolowski-USA TODAY Sports

Universal Music Group — home to superstars Drake, Billie Eilish, Post Malone, Ariana Grande and many more — has licensed its entire catalog to Equinox Media.

The parent organization to fitness companies like SoulCycle and Equinox gyms now has access to the world’s largest music catalog for its Variis digital fitness app, which launched last March.

The move comes after at-home fitness rival Peloton has faced accusations of using improperly licensed music

  • In February, Peloton settled a lawsuit filed by a music industry group that sought more than $300 million in damages. The connected fitness company reported $49.3 million in settlement and litigation costs.
  • As part of the settlement, Peloton and the organization entered into a partnership to “work together to further optimize Peloton’s music-licensing systems and processes.” 
  • In addition to partnerships with artists like Beyoncé, Peloton recently began using remixes created exclusively for its classes.  

The Variis app offers classes across the SoulCycle, Pure Yoga, Rumble Boxing, Precision Run and Equinox brands, along with other partner brands.

These classes are like going to a concert – 60 people in the dark rocking back and forth, riding together to the beat, boxing sequences to the rhythm,” Jason LaRose, media chief executive at Equinox, told The Wall Street Journal.

Universal said it anticipates that within the next year leading fitness services will be among its top-10 revenue generators for digital accounts — which include Spotify, Apple Music and Amazon Music.

Linkedin
Copy Link
Link Copied
Link Copied

What to Read

MLS
Sponsored

MLS’ Chris Schlosser on Pioneering the Digital-First Sports League with AI

Sports Content Kings MLS’ Chris Schlosser on Pioneering the Digital-First Sports League…

Former Donda Academy Basketball Players Join New Teams

Several top high school tournaments have dropped Ye's team from their schedules.
exclusive

DraftKings Reports $502M in Revenue, Projects Heavy Losses

DraftKings is still on the road to profitability.
Liberty-Media

F1, Braves Power Liberty Media's Q3

Liberty Media reported revenue increases across F1, Braves Group, and SiriusXM.

Featured Today

Commanders Sale Could Hit $7B, Durant Wants In

A Washington Commanders sale could be wrapped up by the spring.
November 6, 2022

How the Astros Won the World Series Without Breaking the Bank

The Astros won the World Series with underpriced talent.
November 5, 2022

ESPN College GameDay Means More to Schools Than a Saturday Morning Spotlight

Schools reap ‘immeasurable’ benefits when the ESPN bus rolls into town.
kyrie-irving-nike
November 4, 2022

Nike Suspends Relationship With Kyrie Irving Over Antisemitism

After several days of silence, the brand has dropped Irving.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world with Jobbio.
Sr. Account Manager
Miami Heat
Miami, FL
Director of Ads
Nike
Portland, OR – Hybrid
Sports Journalist
CBS Sports
New York City, NY
Peloton

Peloton Cuts 500 More Jobs to 'Save' Company

The layoffs mark Peloton's fourth round of cuts this year.
Peloton
October 3, 2022

Peloton, Hilton Team Up in Unique Deal

All 5,400 Hilton-branded hotels will have at least one Peloton bike.
Peloton
September 29, 2022

Peloton Strikes First Brick-and-Mortar Deal With Dick’s

Dick's Sporting Goods will carry the Bike, Bike+, Tread, and Guide.
Lululemon-Mirror
September 28, 2022

Lululemon Takes Fitness to Whole New Platform

Lululemon Studio memberships will cost $39 per month.
Nautilus
September 27, 2022

Nautilus Announces Strategic Review, Considers Sale

Nautilus reported a 70.3% year-over-year decline in Q4 revenue.
Peloton
September 20, 2022

Peloton Unveils Highly Anticipated Rowing Machine

Peloton is taking orders on its long-awaited rowing machine.
September 12, 2022

Peloton Makes Sweeping Changes As Co-Founders Exit

Peloton co-founders are leaving the connected fitness company.
September 12, 2022

Tonal to Raise $100M at $1.9B Valuation

Tonal is reportedly looking to raise $100 million in financing.