Sonos cancels Apple TV 4K competitor, per report

Last month, The Verge reported that Sonos was hard at work on a major new hardware product: a streaming box that would compete with the Apple TV 4K and cost up to $400. Now, it seems, Sonos has changed its plans and canceled its TV streaming product.

Sonos TV streaming box is no longer happening

Chris Welch writes at The Verge:

Sonos has abandoned plans to release a streaming video player, the company’s leadership announced in an all-hands call today. The product, codenamed…