As Peloton prepares IPO, music publishers seek to double lawsuit to $300 million

By Jonathan Stempel NEW YORK (Reuters) - Music publishers have asked a federal judge to let them double their lawsuit against Peloton Interactive Inc to $300 million, saying the maker of stationary bicycles has streamed more than 2,000 workout videos used without permission. The National Music Publishers' Association, a trade group, said on Friday that since suing Peloton in March for copyright infringement, publishers have found a trove of additional songs that the New York-based company knowingly and recklessly offered to customers without first getting required licenses. These allegedly included songs from Adele, Beyonce, Ariana Grande, John Legend, Maroon 5, Meek Mill and Taylor Swift, as well as classics such as The Beatles' "I Saw Her Standing There," Ray Charles' "Georgia On My Mind" and The Who's "I Can See For Miles." Publishers want to add 1,324 songs to their lawsuit, the trade group said.

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