Winamp will get an encore after all.

Radionomy, an online radio business based in Belgium, announced Tuesday that it has acquired the 15-year-old music player from AOL, along with Shoutcast, another AOL-owned property that serves up Internet radio.

AOL announced plans to shut down Winamp late last year, prompting a wave of nostalgia among music listeners who relied on the service in the late 1990s and early 2000s.

"Winamp is a top independent player that gives millions of people the best player functionality available," Alexandre Saboundjian, Radionomy's CEO, said in a statement. "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."

Terms of the acquisition were not immediately revealed, but TechCrunch, which is also owned by AOL, reports that Radionomy paid between $5 million and $10 million in cash and shares for both properties. AOL is also taking a stake in Radionomy as part of the deal.

Image: Flickr, Nickolia Kashirin