Microsoft In Talks To Buy Winamp From AOL

Just after AOL announcing that it was shutting down Winamp, media playing software for Windows and Android devices, we have learned that AOL is talks with Microsoft to sell Winamp, along with Shoutcast, a media streaming service. It is said that AOL was planning to announce the closure of Shoutcast next week.

The deal is not yet finalized, with AOL and Microsoft still working out the price.

Microsoft has more recently been putting more effort into Music like into the Xbox Music basket, which works on the Xbox 360, Windows 8, Windows RT, Windows Phone 8,iOS and Android devices, offering free, ad-supported streaming, subscriptions, and downloaded music.

Currently, Shoutcast has a platform that acts as a portal to over 50,000 radio stations. This could be one area that Microsoft might want to add to the Xbox Music platform, and which it currently lacks, to complement its Pandora-style personal radio feature.

Source: Tech Crunch