AOL reportedly set to sell Winamp, Shoutcast

|About: AOL Inc. (AOL)|By:, SA News Editor

TechCrunch reports AOL (AOL +2.2%) is "finalizing negotiations" to sell age-old MP3/media player Winamp and Internet radio service Shoutcast to a buyer who will keep both products alive. Microsoft was previously reported to be interested in acquiring the products.

AOL announced last month that Winamp, once wildly popular with consumers and still maintaining a cult following, would be shutting down.

TechCrunch's report comes a few days after the NYT reported AOL is planning to shut down its Patch local news sites after downsizing them earlier this year; AOL called the story inaccurate, and said it continues to hold Patch-related talks with potential partners.