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CNBC Television Sonos CEO: We're in the golden age of audio

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🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: Sonos CEO Patrick Spence revealed three secular trends the audio company is riding that are helping to boost sales. Subscribe to CNBC PRO for access to investor and analyst insights: Sonos CEO Patrick Spence said on CNBC Thursday that the company is riding three secular trends that he expects will maintain growth momentum post coronavirus pandemic. “The first is the golden age of audio. We are in it,” he said in a “Mad Money” interview with Jim Cramer. Music streaming has become the norm, thanks to services offered by the likes of Spotify and Apple. Their platforms have made music and podcast content easily accessible from the tap of a finger. Spence also expects the rise of social audio, such as Clubhouse and Twitter Spaces, to be a boost for Sonos’ slate of speakers and home sound systems. Sonos also plans to capitalize on the growing amount of video content that is being released direct-to-consumer, such as movies and TV shows carried by Netflix and other streaming companies. A number of movies, such as “The Trial of the Chicago 7” and “Mulan,” bypassed movie theater releases amid Covid-19 lockdowns last year. “We expect that to continue,” Spence said. “More movies being released right into the home, more people enjoying it the home.” Meanwhile, Sonos sees opportunity in a housing market that turned hot during the shift to remote work. Spence is counting on the “great reshuffling” to lead more consumers to buy home entertainment systems. “A lot of people that now have new flexibility and freedom to work anywhere and so they’re moving, they’re setting up a new home and that’s perfect for Sonos,” he said. The comments come one day after Sonos reported results from its fiscal second quarter. The Santa Barbara, California-based company posted a 90% year-over-year increase in overall sales driven largely by speakers. The stock surged 7% in Thursday’s session, closing at $ per share. » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV

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