It’s an interesting development, to be sure, although the stated reason does make sense to me. 

The app still needs work as far as I’m concerned and I would also like the companies financial numbers to improve before considering any purchases. Arc Ultra would be a good replacement for my Playbase but not happening for at least a couple of quarters. 

Same here, 2 households holding off on any Sonos purchases until the company gets back on track with better support, and a fully functionally app that DOES NOT depend on the cloud and servers for local control.  With the news article referenced above, I do note that this means NO new products for Sonos in 2025. This could lead to a continued spiral where revenue projections get lowered quarter by quarter resulting in more staff reductions & even greater reduction in support.  

See also many almost monthly SALES promotions ongoing.  Realizing Sonos products have always been overpriced, it’s kind of like a Nordstroms sales = MSRP ;-)

Considering this further, the functionality of wireless connectivity to speakers for TV Audio is what I was looking forwaed to. The video streaming services are almost irrelevant.

If Sonos turned  the "Pinewood" project into a Sonos "Hub" to enable this functionality and forget the video streaming services, that would be a great product (if the price was right). 

Sonos, please consider this.