High competition from comparatively low-priced device importers weighs on the Zacks Audio Video Production industry. Nonetheless, investments in technology solutions that enhance communications experience are likely to aid Sony Corporation (SONY), Sonos (SONO) and LiveOne (LVO).
Sonos (SONO) launches new product, Sub Mini, to tap the growing demand for the global audio market.
For years, Sonos has offered its Sub – a subwoofer that pairs with other Sonos speakers or soundbars and offers extra bass. Now Sonos has announced a smaller version of that speaker. “We’ve entered a more thoughtful era of streaming that prioritises quality over quantity, with creators and platforms investing in immersive entertainment experiences that put premium sound at the forefront”, said Maxime Bouvat-Merlin, senior vice presidentfor Hardware and Operations at Sonos, in a statement.