updated 06:40 pm EST, Fri January 3, 2014
Terms of the deal not known, products to be absorbed into existing offerings
Following the announcement that it was going to shut down Shoutcast and cease support and downloads for popular but dated music player Winamp, AOL has today announced that it has finalized a purchase deal. Belgium-based online radio aggregator Radionomy is purchasing the assets from AOL, with the terms of the deal currently unknown.
Earlier this week, Winamp forumgoers noticed that the Winamp name servers had been transferred to the Belgian company. Radionomy currently catalogs 6,000 radio stations, and allows user-generated content to be streamed, so the number of channels peaks and wanes with time.
Winamp originally debuted and gained popularity in 1997, thanks to its small download size and flexibility. At the time of its sale to AOL in 1999, the company claimed over 25 million users. The player endured intense competition from Apple's iTunes in 2003, and later from streaming services like Spotify, and though it released a version for Android in recent years.