It's official: Radionomy buys Winamp, Shoutcast from AOL for $5-10 million

By on January 14, 2014, 1:45 PM

The worst kept secret of 2014 is now official – online radio aggregator Radionomy has indeed purchased Winamp and Shoutcast from AOL. Although specifics weren’t mentioned, a reliable source recently told TechCrunch that Radionomy paid between $5 million and $10 million while AOL also reportedly took a 12 percent stake in the company.

That has to sting when you consider AOL paid around $80 million for Nullsoft, the former owner of the two properties, back during their meteoric rise in 1999. And the stake that AOL has taken in Radionomy is strictly financial, sources told the publication.

It’s good news for Radionomy, however, as adding the two properties will make them one of the biggest players in the online radio business. At present, the company hosts around half of the online radio stations in existence – around 60,000 we’re told (much higher than the previous 6,000 we were led to believe).

Moving forward, Winamp will continue to be offered just as it is today but will now have access to all of those radio stations. What’s more, it’ll be able to play 60 different audio and video formats and feature 6,000 add-ons which includes skins and plug-ins. Oh, and it’ll be offered in 16 different languages.

Radionomy founder and CEO Alexandre Saboundjian said they want to rebuild the story for Winamp and think the future can be great because the strategy is not just for desktop but also mobile, automobiles and so much more.




User Comments: 7

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ikesmasher said:

This sounds great on paper...

Im just concerned that this company might try to commercialize on winamp more and make it a limited service and such.

Guest said:

This sounds great on paper...

Im just concerned that this company might try to commercialize on winamp more and make it a limited service and such.

If winamp has any chance of surviving then it better embrace commercialization. Free software don't enjoy longer lifespan as its commercial counterpart does. That's a fact.

ikesmasher said:

If winamp has any chance of surviving then it better embrace commercialization. Free software don't enjoy longer lifespan as its commercial counterpart does. That's a fact.

No actually, its an opinion. Itunes is free software. Ubuntu is free software. I could go on and on.....

wastedkill said:

If winamp has any chance of surviving then it better embrace commercialization. Free software don't enjoy longer lifespan as its commercial counterpart does. That's a fact.

No actually, its an opinion. Itunes is free software. Ubuntu is free software. I could go on and on.....

itunes isnt exactly free is it... VLC on the other hand is free.

ikesmasher said:

itunes isnt exactly free is it... VLC on the other hand is free.

Itunes is free. I imported all my music and such into itunes and use it all the time. Buying stuff from the itunes store isnt free, but that doesnt make itunes a non-free-media-player.

Guest said:

If you use Itunes as a media player...I feel sorry for you

ikesmasher said:

If you use Itunes as a media player...I feel sorry for you

Meh. Works fine. I dont use it dominantly.

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