New App 'Studio' Looks To Become Peloton For Runners
CEO and Founder of Studio Jason Baptiste and his new Director of Content and Programming Lisa Niren discuss their app and why it stands out from the crowd. They also explain why it's a better value than Peloton and other exercise apps.
Baptiste and Niren both believe the future of media is in subscription based content. Niren adds that the appeal of an app like Studio is being able to do it with others.
Baptiste says most members are in rural areas such as Iowa and Alaska, and Studio lets them engage in a class as if they're in the room. Baptiste also touches on Studio's own take on Bitcoin, "Fitcoin." Runners can accumulate Fitcoin and exchange it for real prizes.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
