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.
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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