2022-04-25 3:26
Technology
Alex Lowe

For the first time, Peloton has increased subscription costs

For the first time, Peloton has increased subscription costs

For the first time in the company’s history, Peloton is increasing its subscription fees for the first time, but only for US and Canada customers at the moment. It is also reducing the prices on the hardware to help balance out the monthly price increases. the Bike, Bike+ and Tread have been reduced in price by a few $100.

Starting on the 1st June, the Peloton ‘all access’ plan will be going up by $5 per month, to $44 in the US and by $6 CAD to $55 in Canada. However, for now these are the only two regions it is going up by.

As mentioned, to help ease the price increase for new users Peloton has reduced the price of many its hardware. For example, the Bike will be dropped from $1,745 to $1,445, the Bike+ from $2,495 to $1,995 and the Tread from $2,895 down to $2,695.

Peloton hasn’t had the best of time in the past year, with its share price dropping significantly, a new CEO and the company cut 2,800 jobs.

Alex Lowe

For the first time, Peloton has increased subscription costs

Alex Lowe is the owner and editor of the interface and started the website in 2013. He publishes the majority of the content on the website, hosts the three podcasts and the runs the YouTube channels. Alex has a professional background in computer networking, FWA and WiFi.

Other Posts

Apple Roadside Assistance via Satellite now available in the UK
After being announced earlier this year, Apple Roadside Assistance via Satellite is now available in the UK
Free upgrade for Windows 10 expires January 16th
Customers will be able to get Windows 10 for free, for a bit longer
Apple has now stopped advertising on X following latest Elon Musk controversy
Due to some ongoing controversy surrounding Elon Musk, Apple has decided to pull advertising on X