Peloton yesterday announced CEO Barry McCarthy was stepping down and the company was laying off 15% of its staff—around 400 people. Two board members will serve as interim co-CEOs as the fitness company struggles to rebrand and works to refinance more than $1B in debt. From 2020 to 2021, Peloton’s market capitalization grew from $6B to $50B, driven by a lockdown-fueled spike in demand for at-home exercise equipment, including Peloton’s high-end stationary bicycles and treadmills. Since December 2020, however, the company has failed to turn a profit. The end of lockdown has seen a dive in demand while safety concerns forced Peloton to recall more than 2 million devices. Since McCarthy was hired in 2022, he worked to pivot the company from reliance on hardware to software, including prioritizing a fee-based fitness app. Yesterday’s announcement came as Peloton revealed revenue dropped 4% since last year. Shares dropped 12% on yesterday’s…
Peloton Accessories are a crucial part of the Peloton experience, allowing riders to enhance their workout and maximize results. These accessories come in various shapes and sizes, each designed to cater to a specific need. From bike mats to heart rate monitors, Peloton Accessories can help you get the most out of your Peloton bike or tread.
After several years in business, a BIG shakeup in management and in an effort to rekindle the sales magic that it had during the pandemic, Peloton has finally started selling bikes, clothes and accessories on Amazon. Can the bras and tights be any cuter?
It’s been just over 12 months since I started using the Peloton App without the Peloton Bike. Find out how I use the Peloton App with my bike.
Are you considering getting your significant other a Peloton exercise bike for Valentine’s Day? What a great idea! While prices are down for first-generation Pelotons, there are still other options to consider.
And if you are reading my blog, you are probably looking for a cheaper alternative to the Peloton. I get it – you may not be able to afford to buy a Peloton bike and/or want to pay its $39 monthly fee. I didn’t want to, that is for sure. That is where the genius of their Peloton App comes into play. For only $24 per month (the new 2024 price for unlimited classes), you can access all of the same live and on-demand classes on your own bike. Brilliant. There are a bunch of other bikes out there that can be paired with the Peloton App. I tried a bunch before I bought my Sunny and here is what I found.
I was just re-watched my ABC News interview and thought I would re-post. It was so fun to do and was all about using the Peloton App with my own bike, Wahoo sensors and phone holder.
Here is the interview in case you missed it!
Hey everybody! I hope that everyone is staying safe, healthy and sane.
I decided to bring a little fun into my home gym and bought a really fun disco ball for my Peloton rides. It is SO MUCH FUN! I turn down the lights, crank up the music and turn on the disco ball – the pattern of the lights change to the beat of the music coming from the Peloton App. It comes with a small remote that I keep with my bike.
I have added some pictures and videos.
UPDATE Summer 2023: Peloton still has NOW made its rowing content available on the Peloton App. Yay! But the app price doubled Boo!!!
UPDATE 2022: It finally happened! Peloton has finally launched its rowing machine! After the delays caused by the pandemic, they’ve finally done it. Hooray!! But it costs more than a treadmill. Booo!!! I’ve reviewed some cheaper options below.
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The Specs: Like the Bike and the Tread, the Peloton Rower has the same type of touchscreen and will offer classes taught by instructors both in the studio and on the water. Unlike when the Peloton bike first came on the scene, this time Peloton will face some competition with other connected rowing machines already on the market.
Specifications
- Compact 8′ x 2′ footprint
- Electronically controlled resistance for quiet, perfectly smooth stroke feel
- 23.8″ HD swiveling touchscreen for seamless transitions on and off the mat
- Folding arm for compact upright storage
- Studio-quality sound with front-and rear-facing speakers
Features
- Form Assist highlights ways you can improve your form, so you get better in real time
- Use Form Rating and Insights to track your progress and view your performance
- Access to thousands of classes beyond rowing like strength, yoga, meditation, and more
- See in-class metrics like stroke rate, pace, output, and distance
- Work out alongside other Members and friends on the Leaderboard
The release of the Peloton Rower is not a shock because as I reported just before the pandemic Peloton acquired Tonic Fitness Technology, a company that has been manufacturing Peloton’s high-tech spin bikes for a bunch of years. And Tonic had filed a patent application for a high-tech indoor rowing machine with the U.S. Patent Office.
Piecing that all together…
My Peloton Bike Hack! How I saved $2,400 by using the Peloton App with a less expensive bike! Learn how…