Sonos has officially canceled the development of its anticipated streaming video device, known internally as Pinewood. Interim CEO Tom Conrad announced the decision during an all-hands call, emphasizing that the company will not pursue the streaming video market at this time. The project was reportedly in advanced stages, promising a unified software experience for diverse streaming services. This cancellation follows a tumultuous period for Sonos, which included the controversial rollout of a new mobile app that led to executive shakeups and layoffs. The focus now shifts to improving software performance and the company’s reputation.
Interim CEO Tom Conrad announced that, "for now," the company won't enter the streaming video market, effectively canceling the highly anticipated Pinewood project.
Pinewood was touted as a device that would offer a unified software experience for searching shows and movies from various streaming services such as Netflix and Disney+.
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