Radionomy Acquires Winamp and Shoutcast from AOL; Announces Plans for Products
Expanded Network Hosts Half of All Internet Radio Streaming; Will Offer Enhanced Multi-Device Experience with Winamp
Jan 16, 2014, 01:32 ET
SAN FRANCISCO, Jan. 16, 2014 /PRNewswire/ -- Radionomy (www.radionomygroup.com), which provides one of the largest platforms for radio producers and broadcasters and the world's largest digital audio advertising network through the business combination with TargetSpot, announced that it has acquired media player Winamp and internet radio platform Shoutcast from AOL. Terms of the deal were not disclosed. The acquisition will give Radionomy exposure to a much larger audience and pave the way for offering Radionomy listeners an enhanced experience.
Winamp: the future of the multi-device experience
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.
"Winamp is a top independent player that gives millions of people the best player functionality available," said Alexandre Saboundjian, CEO, Radionomy Group. "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."
Additionally, Radionomy will give Winamp listeners access to one of the world's largest networks of online radio stations, spanning numerous music genres and cultures. As the newest member of the Radionomy Group, Winamp now offers:
- Access to more than 60,000 internet radio stations
- Playback for 60 audio and video formats
- 6,000 add-ons, including skins, plug-ins, online services and visualizations
- Availability in 16 languages
- Tools for managing podcast subscriptions
The Radionomy Network: the world's choice for streaming online radio
Radionomy allows anyone -- from music enthusiast to professional broadcaster -- to easily create an online station, complete with advertising, promotion and monetization. The acquisition of Shoutcast will expand Radionomy's presence, notably in the U.S, making it the source of approximately half of all streamed internet radio worldwide. This will greatly enhance Radionomy producers' and Shoutcast stations' ability to build their audiences and monetize their networks with Targetspot, offering access to a much wider range of listeners.
"Radionomy has always focused on creating a unique platform for any radio broadcaster or pure player that enables them to build a large audience and monetize their stream," said Saboundjian. "With Shoutcast, we have expanded our reach to include roughly half of the world's online radio streaming, leaving Radionomy well-positioned to change the face of online radio."
Furthermore, Winamp browsing and streaming capabilities also offer an opportunity to expose more listeners to Radionomy and Shoutcast stations.
"Winamp and Shoutcast are great brands with significant value in the right situation, which Radionomy will provide," said Susan Lyne, CEO of AOL's Brand Group. "This is a very positive outcome for the enthusiastic users of these products."
About Radionomy
Radionomy is a free global service that allows radio enthusiasts from around the world to create their own online radio stations. Radionomy's ground-breaking platform provides the tools for members to broadcast, promote and monetize their own station free of charge. The platform features a wide variety of music and themed stations to discover and listen to. Radionomy stations are more than just playlists – they are produced and run by real people such as music fans, artists, DJs, opinion leaders, comedians and story tellers etc. The Radionomy Group of brands includes Radionomy; Targetspot, the largest audio ad network in the world; and Winamp: the ultimate media player.
PRESS CONTACTS:
Crisel Ortiz
MSR Communications for Radionomy
[email protected]
SOURCE Radionomy