Peloton raising subscription fees, cutting equipment prices
FOX Business Flash top headlines for April 14
Here are your FOX Business Flash top headlines for April 14.
Peloton announced on Thursday that it's increasing the price of its all-access membership across North America while simultaneously lowering equipment costs.
Starting June 1, the price of the monthly membership fee will increase to $44 from $39 for all U.S. customers and to $55 from $49 in Canada.
This is the first time Peloton has increased the price of its membership in eight years, according to an announcement on the company's website.
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