Sonos has abandoned plans to release a streaming video player, the company’s leadership announced in an all-hands call today. The product, codenamed Pinewood, was set to be Sonos’ next major hardware launch. It was already deep into development and has spent months in beta testing. But now the team behind it will be reassigned to other projects as interim CEO Tom Conrad reprioritizes the company’s future roadmap and continues what he hopes will be a turnaround from a bruising 2024.

The cancellation of Pinewood leaves Sonos without a significant new product to ship in the second half of 2025. The company most recently released the Arc Ultra soundbar and Sub 4 at the end of last year. Internally, some employees were concerned that Pinewood would become a repeat of the Sonos Ace headphones and see the company trying to take on well-established players in a new product category.

The Verge has reached out to Sonos for comment.