---
schema_version: "secwatch.filing_event.v1"
accession: "0001639825-23-000060"
form_type: "8-K"
ticker: "PTON"
cik: "0001639825"
company_name: "PELOTON INTERACTIVE, INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:13:19.908649+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Peloton settles patent dispute with Dish for $75M, obtains ABR license

## Summary
- Peloton pays $75M one-time settlement to Dish to resolve ITC and Texas patent litigation.
- Dish will seek termination of ITC investigation, rescission of remedial orders, and dismissal of Texas litigation.
- Peloton receives worldwide, fully paid-up, royalty-free license for Dish's ABR patents, including those asserted.
- Agreement includes broad cross-releases and covenants not to sue between Peloton and Dish.

## SEC filing metadata
- accession: 0001639825-23-000060
- form_type: 8-K
- ticker: PTON
- cik: 0001639825
- company_name: PELOTON INTERACTIVE, INC.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639825/000163982523000060/0001639825-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639825/000163982523000060/pton-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639825-23-000060
- JSON: https://secwatch.observer/filing/0001639825-23-000060.json
- Plain text: https://secwatch.observer/filing/0001639825-23-000060.txt

## Key facts
- Material Agreements
  PELOTON INTERACTIVE, INC. entered into Settlement, Patent License, and Release Agreement with DISH Technologies L.L.C., Sling TV L.L.C., and DISH DBS Corporation (collectively, “Dish”) valued at $75 million (effective 2023-05-01).
  - Action: entry
  - Agreement: settlement
  - Counterparty: DISH Technologies L.L.C., Sling TV L.L.C., and DISH DBS Corporation (collectively, “Dish”)
  - Value: $75 million
  - Effective: 2023-05-01
  source text: On May 1, 2023, Peloton and Dish entered into a Settlement, Patent License, and Release Agreement (the "Settlement Agreement") to resolve the ITC matter as well as the Texas Litigation . The Settlement Agreement provides for, among other things: (a) Dish to promptly seek termination of the ITC investigation, rescission of the Remedial Orders, and dismissal with prejudice of the Texas Litigation; (b) broad cross-releases between Peloton and Dish; (c) a worldwide, fully paid up royalty-free license for Peloton and its affiliates for Dish patents relating to ABR, including the patents asserted in the ITC investigation and Texas Litigation; (d) covenants not to sue restricting the parties from initiating certain kinds of future litigation; and (f) a one-time settlement payment by Peloton of $75 million to Dish.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000163982523000060/0001639825-23-000060-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.