Peloton acquires music startup Neurotic Media
https://techcrunch.com/2018/06/27/peloton-acquires-music-startup-neurotic-media/
Peloton, the unicorn spin (and now treadmill) business that lets users work out via livestreamed classes, has today announced its first acquisition. The company acquired Neurotic Media, a B2B music aggregation and streaming service.
Atlanta-based Neurotic Media was founded in 2001 by Shachar “Shac” Oren, who will become a VP at Peloton serving under Peloton’s Head of Music Paul DeGooyer. The entire Neurotic Media team and offices will remain in Atlanta, continuing operations as a standalone subsidiary serving third-party clients.