Sonos has reportedly paused its plans to get into the video streaming service. A device which was expected to launch this year has been shelved, according to a report in The Verge. Workers will be reassigned to other projects. The news follows the departure of the CEO earlier this year.

With Pinewood shelved, Sonos might not have a product launch lined up for the second half of this year. The company's most recent releases came in the form of the Sonos Arc Ultra

The Sonos Pinewood streaming player is reportedly no more, derailing the company’s plans to move into the video space. Would you have paid $400 for a streaming player? As unlikely as it was for many people to jump at the opportunity to purchase such an expensive device,