Years after its last update, Winamp is now coming back as a streaming service where creators will be able to set up and regulate subscriptions themselves. This was announced by the company that owns the player, Llama Group.
The new service has been available for artists since March 15, and will become available to all users on April 15.
Founder and CEO of Llama Group, Alexandre Saboundjian, explained that the new Winamp service aims to solve the problems of traditional streaming services where musicians receive pitiful revenues and have little control over how their content is presented and sold.
One of the main advantages of the new platform will be a relatively high level of income for musicians. In particular, the service will offer several levels of subscriptions, and creators will be able to receive an 85% share of the revenue generated from their fan subscriptions.
With this model developed with content creators in mind, Winamp plans to attract up to a million creators.
In addition, there are plans to launch additional functionality, including copyright management through Winamp's sister company Bridger, licensing, and an NFT marketplace.
The new version of Winamp will offer music, podcasts, radio, and audiobooks, and will be available as an app for Android, iOS, and Windows, as well as work directly in the browser version.