After a previous announcement of it ceasing after Friday, Winamp could be revived depending on a deal America Online is working on to sell the program and Winamp's sister product shoutcast to Microsoft Ubergizmo.com reported Friday.
"There's no reason that Winamp couldn't be in the position that iTunes is in today if not for a few layers of mismanagement by AOL that started immediately upon acquisition," Rob Lord, general manager at Winamp told Tech2.in.com.
It is not known how ShoutCast, which provided web services to the program, and was also a radio player for iOS will fair.
There is Spotiamp in the meantime, a program that combines Winamp, and Spotify into one. Users are able to sign into their Spotify account via a Spotify premium account, and listen to songs they have on their playlists, along with the radio.
Users can then download the program to their computer, and begin using options on Shoutcasts server to hear music on any gadget its compatible with such as Sonos speakers.
Users can then select enable in Spotiamps' settings menu.
Spotify launched a free digital music app last week that works with an iOS, Android tablet, or smartphone.
AOL bought the service in 1999, when it obtained its creator Nullsoft, also Frankel's company, for $80 million. MP3 file sharing was also on the rise at the time.
Winamp was not popular as music file sharing program Napster held the reigns. The company also initiated the concept of downloading and sharing music files digitally.
Winamp came along when people wanted a program that users could listen to songs on rather than just download CNN Money reported. 25 million people downloaded the software in June 2000.Times changed when iTunes, and Windows Media Player became people's go to source for music, and other media files.