Babelgum ushers in a new era for television, blending the lean-back experience of traditional TV with the interactive and social power of the Internet.
A free internet TV platform supported by advertising, Babelgum combines the full-screen video quality of traditional television with the interactive capabilities of the internet, offering professionally produced programming on-demand to a global audience with broadband access (a minimum of 450kbit/sec).
Babelgum’s editorial focus is on independent film and festivals, adventure sports, nature and travel, supported by the launch of a series of thematic communities in those areas.
As the name suggests, Babelgum’s goal is to act as an international ‘social glue’, bringing a huge range of content to a global audience – like a modern-day Tower of Babel. The bubble logo is a fun visual pun on the company name, but also reflects Babelgum’s commitment to a green, global future.
The Babelgum player provides content owners with a secure platform on which to distribute their programming worldwide and a unique business model that allows them to monetise their assets.
Babelgum's content partners include the Associated Press, VBS, PBS, BBC, 3DD, Shine Limited, Gong Anime, IMG, Off the Fence and international film festivals such as Seattle, DC Independent and Encounters. The list of advertisers includes globally renowned brands such as Vodafone and Benetton Group.
Founded in 2005, Babelgum is an independent and privately held company with around 100 employees and offices in the U.K., Ireland, France, Italy and the US.
The company has invested 50 million Euros to date and has funds available for continued investment to develop the service. Investments are expected to be at a rate between €35 - 60 million per annum in the period 2007-2010. The company has a fully funded business plan and no requirement to seek external funding.
Babelgum is wholly owned and financially backed by Silvio Scaglia, whose wealth Forbes estimates at around 1.2 billion USD, making him the thirteenth richest man in Italy (the last in the list of Italian billionaires) and the 799th richest man in the world.
Babelgum's leadership team includes Silvio Scaglia, Chairman and financial backer of Babelgum, Valerio Zingarelli, Chief Executive officer, Michael O'Callaghan, Chief Operating Officer, Simon Kenny , Chief Content Officer and Stefania Valenti, Chief Marketing Officer. Among the members of Babel Networks' board of directors is Massimo Armanini.
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