The story
Founded by Justin Frankel in 1997.1
In 1997, Justin Frankel, a programmer from Sedona, Arizona, founded Nullsoft, Inc in his home town. The company's name is a parody of Microsoft. Mike the Llama is the company's mascot. The company launched the media player Winamp that year, developed by Frankel and Dmitry Boldyrev. It was the second real-time MP3 player for Windows, following WinPlay3. Frankel's principal collaborator at Nullsoft was programmer Tom Pepper, with whom he co-developed the SHOUTcast streaming server and, in March 2000, the Gnutella peer-to-peer client.
Nullsoft, along with Spinner.com, was sold to America Online (AOL) on June 1, 1999, for around $400 million. It became an AOL subsidiary, subsequently becoming a division of AOL Music. Its headquarters were moved to San Francisco, California.
According to Bonnie Burton, then editor of the website Winamp.com, 2001 was a period of heightened tension between the Nullsoft staff and upper management, because of Frankel's uncompromising views about file-sharing. He had developed Gnutella in 2000 and released it using company infrastructure. Ars Technica also noted that AOL failed to effectively monetize or find a larger audience for Winamp. Nullsoft's San Francisco offices were closed in December 2003, with a near-concurrent departure of Frankel and the original Winamp development team. In 2013, some AOL Music sites were shut down and others sold to Townsquare Media.
In November 2013, an unofficial report surfaced that Microsoft was in talks with AOL to acquire Nullsoft. On January 14, 2014, it was officially announced that Belgian online radio aggregator Radionomy had bought Winamp and Shoutcast, formerly owned by Nullsoft. No financial details were publicly announced.
From Wikipedia’s article on Nullsoft, shared under CC BY-SA 4.0.4