Llama Group to propose name change to Winamp Group at Oct 20 meeting

Published 02/10/2025, 07:38
Llama Group to propose name change to Winamp Group at Oct 20 meeting

BRUSSELS - Llama Group SA (Euronext Growth Paris & Brussels:ALLAM) announced it will hold a second Extraordinary General Meeting on October 20, 2025, to vote on changing the company’s name to Winamp Group SA.

The meeting follows a September 25 session that failed to reach the required quorum of shareholders representing at least half of the company’s share capital. According to the company’s articles of association, the October meeting can proceed with voting regardless of the proportion of share capital represented. With a market capitalization of just €7.8 million and a weak financial health score according to InvestingPro analysis, the company faces significant challenges.

Llama Group, which owns the Winamp music platform, Bridger copyright management company, and Jamendo music licensing service, stated in a press release that the proposed name change aims to leverage Winamp’s global recognition in the digital music industry.

"The name change to Winamp Group is part of the long-term vision we have for the company’s development," said Alexandre Saboundjian, CEO of Llama Group. "Winamp is a strong brand, emblematic of the music industry, and it lies at the heart of our strategy."

The company indicated the rebranding would align the parent company’s identity with its strategic focus on making Winamp the central platform for services targeting independent artists and creators.

The Extraordinary General Meeting is scheduled for 11:00 a.m. at the company’s Brussels headquarters, with the agenda remaining unchanged from the previous meeting.

In other recent news, Llama Group has announced plans to rebrand as Winamp Group. The company will seek shareholder approval for this name change at an Extraordinary General Meeting scheduled for September 25. This move aims to leverage Winamp’s well-known brand in the music industry to boost the company’s international visibility. The rebranding strategy is designed to enhance recognition among artists, partners, and investors globally. Llama Group’s decision reflects a strategic effort to capitalize on Winamp’s iconic status. No additional financial details or analyst ratings were mentioned in relation to this rebranding initiative.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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