David wanted to create his own internet radio station. Leo says the problem is, that one will have to pay ASCAP/BMI license fees based on how many people are listening and how often one plays the music. There are internet radio options out there that offer the service including ASCAP/BMI fees. Live365.com is one option. There's also a free tier that enables one to play up to 25GB of music for free.
Laura hears that there's a lawsuit against Peloton for not having the license of music they play for their spin classes. Chances are, they have the wrong license, and they need a worldwide synchronization license to play music in a video format over the internet. They're being sued for $150 million, and it's probably a ploy just to get more money out of Peloton.