Sonos Archives - Digital Music News

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

February 7, 2019

Sonos’ departing CFO and concerns about consumer trends undercut an otherwise successful quarter at the company. Sonos has posted the financial results of its first quarter of 2019, which ended December 29th... Read More...

Music Industry Latest - SiriusXM, YouTube, AFM vs. Broadcast Networks, Sonos, Sean Combs, More...

Latest Industry: SiriusXM+Live Nation, Sonos, Sean Combs, Amazon+Ariana, Amber Liu…

Daniel Sanchez

July 10, 2018

Could SiriusXM buy out Live Nation? Live Nation’s stock has recovered following a New York Times exposé last April that sent shares plummeting. Financial analysts have also posited the idea of SiriusXM buyi... Read More...

Latest Industry: YouTube’s ‘Artist on the Rise,’ Roger Daltrey, Billy Corgan, LiveXLive, APRA AMCOS, More…

Daniel Sanchez

May 21, 2018

YouTube now directly competes with SoundCloud and Spotify. YouTube has relaunched its ‘Artist on the Rise’ program and has named Jessie Reyez as its first featured performer. Launched late last year, the pr... Read More...

Sonos Is Getting Crushed by Competitors & Laying Off Employees. Now for the Bad News…

Daniel Sanchez

May 18, 2018

Sonos is betting big on a three letter word to finally turn things around. To prove it, the wireless speaker manufacturer has fired 96 employees. Here's why the company will likely see more firings down the... Read More...

No, an IPO Won’t Save Sonos From Extinction

Daniel Sanchez

April 6, 2018

Can three little letters turn things around at Sonos? Of course not. Last year, I touched upon a developing story. With the company laying off ‘an unspecified number’ of employees, its CEO abruptly stepp... Read More...

If Alexa Doesn’t Kill Sonos, Raumfeld’s Wifi Speakers Will…

Paul Resnikoff

March 7, 2017

Raumfeld's Stereo M Wi-Fi Connected Speakers Sonos now has more competition than ever — starting with Amazon itself. But rivals like Raumfeld are about to make Sonos' life even more difficult. Earlier this ... Read More...

Sonos Raises Its Prices In Britain as Broader Problems Persist

Danielle Kraft

February 17, 2017

Get ready: Sonos is hiking its prices by 25% in the UK. And they're not alone. Remember what happened on June 23rd, 2016, when the British public voted to leave the 28-member state called the European Union... Read More...

Sonos announces partnership with rival Amazon as well as Spotify Connect

Sonos Is Slowing Getting Eaten by Amazon…

Daniel Sanchez

August 30, 2016

If you can’t beat ‘em, might as well join ‘em. At an event today in New York City, Sonos announced that they’re going to be adding compatibility with Amazon’s Alexa voice control and compatibility with Spoti... Read More...

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