Flywheel will shut down its virtual classes after admitting it illegally copied Peloton
Flywheel will stop offering virtual classes in late March after the exercise company settled with competitor Peloton over patent infringement earlier this month. Live classes will end on March 1st, but on-demand classes will continue to be offered through March 27th.
Peloton is also now giving current Flywheel customers the option to trade in their At Home Flywheel bikes for a refurbished Peloton-branded one. However, one customer forwarded The Verge an email thread in which a Peloton representative said the company would not extend its offer to people who financed their bikes. Flywheel says it’ll stay in the in-studio virtual class business, and subscriptions for the at-home classes that renew on their own will be terminated...