It has been a long time coming, but AOL has decided to retire the once unstoppable Netscape Browser, think 1998. Netscape has had a long and good life, and is survived by it’s sibling Firefox.
In the process of AOL trying to reinvent it self as a media company some less than successful projects needed to be axed as explained in a Netscape Blog Post:
AOL’s focus on transitioning to an ad-supported web business leaves little room for the size of investment needed to get the Netscape browser to a point many of its fans expect it to be. Given AOL’s current business focus and the success the Mozilla Foundation has had in developing critically-acclaimed products, we feel it’s the right time to end development of Netscape branded browsers, hand the reigns fully to Mozilla and encourage Netscape users to adopt Firefox.
Rest In Peace my first browser you had a longer life than most software projects, and in the past years you have been hobbling along in your walker. You have led a good life. We solute you.