Home Industry Deals Winamp is back from the dead

Winamp is back from the dead Featured

Just when all hope looked lost for media player Winamp, a last minute deal between AOL and Radionomy has meant the Llama lives once again.

As we reported back in November AOL, which bought the software's previous owner Nullsoft in June 1999 for US$80 million in stock, was set to shut down Winamp in December, without stating a reason.

But the new deal, announced today, means radio software firm Radionomy has acquired Winamp and Shoutcast from AOL for a "cash and share deal" worth between $5 and $10 million, and will keep the software running.

The sale will give AOL a 12 percent stake in Radionomy, an online media platform that currently offers more than 6000 amateur and professional internet radio stations. The addition of Shoutcast to its lineup will push that number to around 60,000, representing roughly half the internet radio stations currently in operation.

Winamp is still downloaded three million times per month, and Radionomy CEO Alexandre Saboundjian told TechCrunch that the plan is to maintain both Winamp and Shoutcast as going concerns.

"We want to rebuild the story for Winamp," he told the tech news website.

"We think the future can be great because the strategy is not just desktop but mobile and cars and so much more."

The Winamp website still carries a message warning of its December demise and the paid version of the software isn't available at the time of writing, but it's expected these issues will be rectified shortly.

FREE CLOUD BACKUPS MANAGEMENT WEBINAR

Are your technicians spending too much time just managing your clients cloud backups?

Backups are an important part of any IT business but they should not consume more than their fair share of time and money.

Discover how to reduce the amount of time & money spent managing your Cloud Backups during this Free Webinar.

REGISTER FOR FREE WEBINAR!

FREE NETWORKING SERVICES CASE STUDY

As one of the world’s largest social networking services, Facebook handles a lot of user information, and requires input from an astounding range of stakeholders 24 hours a day, 7 days a week — from both inside and outside the business.

Discover how Facebook was helped to connect remote employees, vendors, consultants, and partners to applications and web services quickly and reliably - without risking sensitive data.

GET CASE STUDY!

GET THE IT BUDGET YOU WANT

Explore your Network Treasure Trove to get the IT Budget you want

With Australian businesses projected to spend over $78.7 Billion why does it feel like you can never get the budget you need?.

In most cases your budget will get approved because the proposals are not only technically correct, but also provide good, credible evidence on how the spend aligns with key business objectives.

Did you know that your Network Monitoring tool can help you build a comprehensive business case without an MBA?

HERE ARE 8 TIPS TO GET THE IT BUDGET YOU WANT.

CLICK HERE!

David Swan

David Swan is a tech journalist from Melbourne and is iTWire's Associate Editor. Having started off as a games reviewer at the age of 14, he now has a degree in Journalism from RMIT (with Honours) and owns basically every gadget under the sun.

Connect

 

 

 

 

Join the iTWire Community and be part of the latest news, invites to exclusive events, whitepapers and educational materials and oppertunities.
Why do I want to receive this daily update?
  • The latest features from iTWire
  • Free whitepaper downloads
  • Industry opportunities