America's iconic media player Winamp and streaming media service Shoutcast will indeed live to see another day, tech news portal TechSpot wrote. TechSpot, citing an earlier report by TechCrunch, said that mass media company AOL Inc. has sold the two businesses to Radionomy. Radionomy is an international aggregator of online radio stations based in Brussels, Belgium.

The report said the two businesses were schedules to be discontinued on December 21, but the date came and went without any change. Initial reports from a month earlier also suggested that software giant Microsoft Inc. was interested in purchasing Winamp and Shoutcast, but that never came to pass, the report said.

Radionomy is a platform that can be used to create, discover and listen to radio stations over the Internet. It helps producers create, broadcast and monetize their stations for free. Radionomy boasts more than 6,000 online radio stations, TechSpot said.

The deal is expected to be finalized by the end of the week, the report said. Financial terms of the deal, however, remained undisclosed.