As expected, AOL has sold Winamp to Radionomy, a streaming music company. Radionomy announced the acquisition of both Winamp and streaming software Shoutcast today while offering a glimpse of future plans for the products.
Radionomy noted that "the Winamp media player offers the ability to listen to, watch and manage music, video, podcasts and Internet radio on desktop and mobile devices, while customizing the experience to personal tastes."
Radionomy CEO Alexandre Saboundjian said the company has big plans for Winamp. "Its role is clear in the future evolution of online media—we plan to make the player ubiquitous, developing new functionalities dedicated to desktop, mobile, car systems, connected devices and all other platforms," he said in the press release.
Winamp, nearly 17 years old, today works on Windows, OS X, and Android. AOL said in November it was planning to shut down Winamp, but it decided to sell instead.
By virtue of joining Radionomy, Winamp will gain access to 60,000 Internet radio stations, the company said. As for Shoutcast, that acquisition "will expand Radionomy's presence, notably in the US, making it the source of approximately half of all streamed internet radio worldwide," the company said.
According to TechCrunch, Radionomy spent between $5 million and $10 million in a cash and stock deal to buy Winamp and Shoutcast. TechCrunch, citing anonymous sources, also reported that AOL will take a 12 percent stake in Radionomy.