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00:02Spotify announced a partnership with Peloton to expand into fitness content,
00:07making more than 1,400 classes available to premium subscribers across most global markets,
00:12according to CNBC. The classes include strength training, Pilates, bar, yoga, and meditation,
00:18and will be embedded into Spotify's audio and video platform. The companies did not disclose
00:24financial terms. The move expands Spotify's focus on wellness and creates new engagement and
00:30monetization opportunities beyond music and podcasts. The company said more than 150 million
00:36fitness playlists are active and nearly 70% of premium users work out monthly. Peloton said the
00:43deal supports its shift toward content distribution and expands its global reach without requiring users
00:48to own equipment or subscribe to its app. For all things money, visit Benzinga.com.
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