Key Takeaways
1. Sonos has canceled the release of its streaming device, codenamed Pinewood, which was in advanced development and had undergone beta testing.
2. The device was expected to be priced between $200 and $400 and designed to run on Android with features like universal search and Wi-Fi 7.
3. The team working on the streaming device will be reassigned to other projects following the cancellation.
4. With the device’s cancellation, Sonos currently has no significant product launches planned for this year, including updates on new premium headphones.
5. 2023 has seen several changes at Sonos, including the resignation of the CEO, layoffs of over 200 staff, and departures of key executives.
There have been news about Sonos working on a streaming device. However, new information has come to light that indicates Sonos has decided to cancel the release of this device, which was expected to be the first in a new line of hardware, similar to the Ace headphones.
Cancellation Announcement
The decision to scrap the device, known by the codename Pinewood, was shared during a company-wide meeting. As per a report from The Verge, it was quite advanced in development and had undergone several months of beta testing. Now, the team that was working on the streaming device will be moved to other projects.
Pricing and Features
This streaming device was estimated to cost between $200 and $400. It was designed to run on Android and would have integrated content from multiple platforms into a single interface. Additionally, it was expected to support universal search, Wi-Fi 7, and include an ethernet port.
Future Prospects
With the cancellation of this streaming device, which was slated for a January 2025 launch, Sonos appears to lack any significant product launches planned for this year. There’s also been no updates regarding the speculated new premium headphones.
This cancellation adds to a series of significant events at Sonos in 2023. The CEO, Patrick Spence, stepped down in early January and was succeeded by interim CEO Tom Conrad. Shortly after, it was revealed that Deirdre Findlay, the chief commercial officer, intended to leave the company. In early February, Sonos also laid off over 200 staff members and announced that their marketing officer, Jordan Saxemard, would also be leaving.
Source:
Link
Leave a Reply