Returning from the brink of death, music services Winamp and Shoutcast are now officially with a new owner: Digital audio business Radionomy has acquired the both media player and radio platform from AOL. We understand from a reliable source that it is a cash and share deal, worth between $5 million and $10 million, with AOL taking a 12% stake of Radionomy in the process.
Recall that AOL paid some $80 million for Nullsoft, owner of Winamp and Shoutcast, in 1999.
AOL’s stake will be a financial, not a strategic, investment, I’ve been told.
We had been hearing different reports of a deal in progress or a while now — resulting in a stay of execution for both Winamp and Shoutcast after AOL originally intended to shut them both down by December 20, 2013.
While one of our early reports noted that Microsoft was in the mix, that turned…
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