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Winamp and Shoutcast get new life Winamp and Shoutcast get new life
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Winamp and Shoutcast get new life
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Old 16th January 2014, 07:55   #1
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Default Winamp and Shoutcast get new life

After nearly dying a terrible death, Winamp software is now officially with a new owner.

Digital radio business Radionomy bought the media player and radio platform from AOL. The cash and share deal is supposed to be about $5 million to $10 million, depending on who you talk to.AOL taking a 12 percent stake of Radionomy in the process.

This is much lower than the $80 million AOL paid for Nullsoft, owner of Winamp and Shoutcast, in 1999.

AOL originally intended to shut them both down by December 20, 2013 so it is a good result in some ways. There were rumours of different buyers including Microsoft, which never went through.

http://news.techeye.net/software/win...t-get-new-life
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