It’s been an eventful three years for Paul DeGooyer as SVP and head of music at fitness company Peloton, to say the least.
Having bought B2B music startup Neurotic Media in 2018, the following year saw Peloton sued by music publishers, settling the case in February 2020 – having gone public via an IPO in the meantime. Now DeGooyer is stepping down from the role to return to his own consultancy, with Peloton as a client.
He’s been replaced by Peloton’s current VP of music partnerships Gwen Bethel Riley, who joined the company last August from Disney, where she’d been licensing music across platforms and games including Xbox, Tap Tap Revenge (remember that?) and Disney+.
In January, DeGooyer said that Peloton had licensed more than 1m tracks for its workout classes, then in May the company’s Q1 financial results revealed that since the legal settlement, it had added music from thousands of publishers too.
(Obligatory joke: given the collab-heavy nature of modern songwriting, this might still only be around 373 songs, etc etc.)