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Peloton is raising subscription prices for the first time to $44 a month, but cutting prices on bikes and treadmills
Peloton has cut the price of its bikes and increased its subscription costs, attempting to bring mo…
Gabrielle Bienasz
The Best Answer An Older Person Can Give When Asked About His Or Her 22-Year-Old Boss
But McCarthy doesn't seem the least bit fazed. In fact, when AllThingsD's Jason Del Ray asked McCar…
The Best Answer An Older Person Can Give When Asked About His Or Her 22-Year-Old Boss
But McCarthy doesn't seem the least bit fazed. In fact, when AllThingsD's Jason Del Rey asked McCar…
Peloton's CEO steps down as the company cuts 15% of staff
Peloton CEO Barry McCarthy is stepping down, the fitness company announced on Thursday.
Grace Dean
New Peloton CEO describes what went wrong at the company: 'They spent money on things that they shouldn't have'
New Peloton CEO Barry McCarthy also told NYT's DealBook that the pandemic darling "got caught up in…
Sarah Jackson
Peloton's new CEO explains the difference between his management style and that of his predecessor, John Foley: 'You'll never hear me say we're a family'
"I love John's strengths, but I'm running the company," new Peloton CEO Barry McCarthy told NYT's D…
Sarah Jackson
Spotify just hired a Wall Street exec and it's the biggest hint yet that an IPO is coming
McCarthy's own addition to Spotify early last summer was one of the first indications that the stre…
Cadence Bambenek
Spotify takes 12 months to break even after a free users becomes a paying subscriber
But while the free tier eventually leads many customers into eventually becoming a Spotify Premium …
Becky Peterson
Meet Peloton's new CEO, an ex-Spotify exec taking the helm amid major cuts and investor pressure
The new CEO will oversee big job cuts and handle investor pressure on the embattled fitness company.
Meghan Morris
Peloton CEO John Foley is stepping down and the company plans to cut about 2,800 jobs
Former Spotify CFO Barry McCarthy is set to replace Foley, the firm announced Tuesday. Foley, CEO s…
Grace Dean
Peloton sinks after its new CEO says a sale of the company is unlikely, and that he's focused on long-term growth
CEO Barry McCarthy aims to turn the company around by focusing on more digital content and possibly…
Phil Rosen
Peloton's former CEO predicted the fitness group would become 'one of the few $1 trillion companies,' report says
In a virtual event hosted by Goldman Sachs in late 2020, John Foley recalled making the $1 trillion…
Mary Hanbury
Peloton brings in Ford exec who helped create Apple Fitness+ to lead its turnaround effort
Peloton named Ford exec Peter Stern as its next CEO to spearhead a turnaround effort, aiming to rev…
Mary Hanbury
Clinkle, A Buzzy Payments Startup That Hasn't Even Launched Yet, Has Laid Off 25% Of Its Staff
"Some young people are leaving, and some very reasoned executives are joining," he said. "It's reas…
Jillian D'Onfro
Peloton hires a former Amazon VP as CFO on a $1 million base salary to deal with its struggling finances
Peloton's new CFO Liz Coddington faces the daunting task of turning around Peloton's finances, whic…
Rosie Bradbury
Peloton is trying to re-energize sales by placing its bikes where people can see and touch them, like malls and hotels. Some experts say it won't make much of a difference.
Peloton is vying to get more eyes on its products by partnering with retailers like Dick's Sporting…
Lakshmi Varanasi
The CFO that took Netflix public just joined Spotify
After his departure from Netflix, McCarthy joined Pandora's board and then became chief operating o…
Steven Tweedie
Read the memo Peloton CEO Barry McCarthy sent to employees announcing job cuts, price hikes, and store closures
Peloton CEO Barry McCarthy told staff Friday the company would eliminate 800 more jobs, close many …
Sarah Jackson
New Peloton CEO Barry McCarthy denies reports that angry laid-off staffers crashed and cut short an all-hands meeting where he was introduced
In an interview with The New York Times, McCarthy refuted reports that an internal meeting announci…
Sarah Jackson
Spotify spikes 19% as surging podcast interest drives surprise quarterly profit
The streaming service saw 248 million monthly active users in the three-month period, landing above…