Internet streaming and radio platform and digital ad network Radionomy Group has acquired media player Winamp and Internet radio platform Shoutcast from AOL.
Terms of the deal were not disclosed.
The Radionomy Group also includes audio ad network TargetSpot.
Radionomy says the addition will give the company exposure to a larger audience and pave the way for offering its listeners an enhanced experience. The acquisition of Shoutcast in particular will make Radionomy the source of about half of all streamed Internet radio worldwide, the company claims.
With the Winamp media player, users can listen to, watch and manage music, video, podcasts and Internet radio on desktop and mobile devices, with customization options.
Radionomy Group CEO Alexandre Saboundjian says the company plans to make Winamp “ubiquitous by developing new functionalities for desktop, mobile, car systems, connected devices and all other platforms.”
