Peloton to raise monthly subscription fee for online workout classes
Customers will have to pay $44 per month for content, up from $39 per month
By Shubhangi Mathur
Published - Apr 15, 2022, 02:38 AM ET
Last Updated - Feb 22, 2024, 12:28 PM EST
Peloton Interactive Inc (NYSE: PTON) said it is raising price of its monthly subscriptions for online workout classes and cutting price of its stationary bikes and treadmills.
Peloton said that starting June 1 customers will have to pay $44 per month for its “all-access membership,” up from $39 per month.
Also Read: Peloton slashes sales projection for 2022
“There's a cost to creating exceptional content and an engaging platform, and this price increase will help us continue to deliver for our Members,” said the company.
