Sonos strikes $100m deal to buy Netherlands-based speaker firm Mayht

US based high-end speaker maker Sonos has acquired a Netherlands-based speaker company called Mayht Holding BV. Sonos has acquired Mayht for approximately $100 million in cash. In a press release announcing the buyout, CEO Patrick Spence claims that &#…

Sonos launches ad-supported radio streaming service, including artist ‘Stations’ from Thom Yorke and David Byrne

The new service brings together more than 60,000 stations from multiple streaming partners
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MON. BRIEF: ASCAP, BMI Consent Decree Arguments • Sonos Revenue Grows • 9128 Launches • More

MONDAY 5.12.19
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AM BRIEF: Apple Music Unveils ‘Digital Masters’ • Capital Congress • Sonos Losses Narrow • Earbuds • More

THURSDAY 8.8.19
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Music Is More Important Than Sex, TV, Coffee New Sonos Survey Shows

Sonos has released the findings of a worldwide survey and US-based field study that demonstrates the power of audio to impact health, well-being and creativity. Globally, people who listen to music three or more hours a day say it is more essential than coffee, sex, or TV. The global survey…

Despite a Profitable Quarter, Sonos’ Stock Plummets More Than 15%

Sonos’ CFO and consumer trends have managed to undercut an otherwise successful quarter at the company. Sonos has posted the financial results of its first quarter of 2019 ended December 29th, 2018. Generating the most profitable quarter to date, the h…