Disappointing news has emerged for those awaiting the release of Sonos’ highly anticipated — it appears that this will not be happening in the near future. According to reports, the company has canceled the long-awaited product, which was said to be well into its development phase.

During an all-hands meeting on Wednesday, Sonos leadership announced the cancellation, as reported by . Interim CEO Tom Conrad stated that, for the time being, the company will not be entering the streaming video market. The team responsible for the project, codenamed Pinewood, will be reassigned to other initiatives.

Last month, it was reported that Sonos might begin selling the device this year, with a price tag between $200 and $400. Pinewood was rumored to feature a unified software experience, complete with universal search functionality for shows and movies across various streaming services such as Netflix, Max, and Disney+. The device was also expected to include Sonos Voice Control integration and serve as an HDMI hub for home entertainment devices, including game consoles. Furthermore, it would have been compatible with Sonos soundbars and speakers.

According to the report, the cancellation of Pinewood leaves Sonos without a major new product to launch in the second half of 2025. Instead, the company seems to be focusing on rebuilding its reputation and improving its software performance following the of a new mobile app in 2024.

The fallout from this incident led to the departure of and . As part of a restructuring plan, Sonos also .

Engadget has reached out to Sonos for a statement regarding this development.