AOL, the parent company of Winamp producer Nullsoft, has cut the company down to a skeleton crew of three. This makes any future developments of Winamp unlikely, writes departing Winamp developer Steve Gedikian on his website.
Gedikian also wrote, "At this point, I feel like I no longer have the power to make any positive impact on Winamp." Angry Winamp devotees blasted AOL, saying the company has "really whipped the Llama's [censored] on this one."
Nullsoft was purchased by AOL in 1999 for $100 million, only two years after then 18-yr old Justin Frankel created the Winamp software. Its audio streaming community, Shoutcast, produces some 70 million hours of streaming media a month. Source