Sonos Inc. (NASDAQ: SONOS) said Thursday it will acquire Movie Pass, a subscription service that lets customers stream movie content to their phones.

Sonos, which was founded in 2014, said the acquisition would create a digital media platform for people who don’t have access to a cable or satellite subscription to watch movies and television on their mobile devices.

Sono will pay Movie Pass subscribers $4 a month, and the company will use Movie Pass’ mobile app to stream movies to users’ smartphones, tablets and smart TVs.

Movie Pass is an online service that allows people to rent, buy, and stream content from streaming services like Netflix, Amazon Prime Video, and HBO GO.

The deal was first reported by The Wall Street Journal and Bloomberg.

The company said in a statement that it will invest $1.8 billion in the deal, which is expected to close in the fourth quarter.

MoviePass will be spun out of Sonos as a standalone company, the company said.

The acquisition comes as Sonos is ramping up its mobile services and plans to offer streaming of movies and TV shows to Android and Apple TV users.

Movie pass, which launched in the U.S. in October, allows users to rent and buy movies and shows from streaming platforms such as Netflix and Amazon Prime.

It lets users access the services via their phones and televisions.

The transaction is expected pay dividends of between 2% and 3%, according to estimates by research firm FBR Capital Markets.

Shares of Sono, which has about 20 million subscribers worldwide, rose more than 2% in after-hours trading.

후원 혜택

2021 베스트 바카라사이트 | 우리카지노계열 - 쿠쿠카지노.2021 년 국내 최고 온라인 카지노사이트.100% 검증된 카지노사이트들만 추천하여 드립니다.온라인카지노,메리트카지노(더킹카지노),파라오카지노,퍼스트카지노,코인카지노,바카라,포커,블랙잭,슬롯머신 등 설명서.【우리카지노】바카라사이트 100% 검증 카지노사이트 - 승리카지노.【우리카지노】카지노사이트 추천 순위 사이트만 야심차게 모아 놓았습니다. 2021년 가장 인기있는 카지노사이트, 바카라 사이트, 룰렛, 슬롯, 블랙잭 등을 세심하게 검토하여 100% 검증된 안전한 온라인 카지노 사이트를 추천 해드리고 있습니다.Best Online Casino » Play Online Blackjack, Free Slots, Roulette : Boe Casino.You can play the favorite 21 Casino,1xBet,7Bit Casino and Trada Casino for online casino game here, win real money! When you start playing with boecasino today, online casino games get trading and offers. Visit our website for more information and how to get different cash awards through our online casino NO.1 온라인카지노 사이트 추천 - 최고카지노.바카라사이트,카지노사이트,우리카지노,메리트카지노,샌즈카지노,솔레어카지노,파라오카지노,예스카지노,코인카지노,007카지노,퍼스트카지노,더나인카지노,바마카지노,포유카지노 및 에비앙카지노은 최고카지노 에서 권장합니다.