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In December 2004Cite error: The <ref> tag has too many names (see the help page). the merger between Fastweb and its parent company e.Biscom was completed; the new company was named Fastweb. On 22 March 2007 the Swiss telephone company Swisscom launched an amicable takeover bid for the Fastweb shares in circulation, at a price of 47 euros per share

On 10 April 2007 Silvio Scaglia, Fastweb’s majority shareholder, sold his shares in the company, equivalent to 18.7% of the company’s share capital. Scaglia remained in the company as administrator of the Board of Directors.

On 15 May 2007 Swisscom’s takeover bid for Fastweb closed with 64,141,464 shares delivered (82.09% of the capital targeted by the bid) ^[1]

Legal Problems

2007

On 13 March 2007, Silvio Scaglia was questioned for the first time, as former CEO of Fastweb, by the Roman magistrates Cite error: The <ref> tag has too many names (see the help page). who, since late 2004, had been investigating international tax fraud dating alleged to have taken place in the period between 2003-2006. On 13 April 2007 the public prosecutor asked for Scaglia’s file to be archived. The Examining Judge archived the case on 22 May 2007. Cite error: The <ref> tag has too many names (see the help page).

^[2]

^ "Swisscom submits Fastweb takeover prospectus to Consob". Telecompaper. September 20 2007. {{cite web}}: Check date values in: |date= (help)
^ "FastWeb founder turns his attention to Internet television and video-on-demand". The New York Times. March 4 2007. {{cite web}}: Check date values in: |date= (help)

In December 2008 the company launched a new mobile application in Italy - later extended to the UK market - to bring web-tailored video content to smartphones via 3G and Wi-Fi. At present the application is available for the iPhone and Nokia models N96, N95 and 6210. ^[1]

Babelgum Mobile

Babelgum Mobile is the company's mobile video application for smartphones (iPhone, Google Android, some Nokia models). It operates via 3G and Wi-Fi networks and aims to offer "web-tailored programming" for smartphones, i.e. content edited into formats suitable for mobile viewing. Babelgum claims this makes it the “first independent online television company to cross over into full mobile internet” ^[2]

In December 2008 the company launched a new mobile application in Italy - later extended to the UK market, and in March 2009 to the US, France, Spain and Germany - to bring "web-tailored programming" to smartphones such as the iPhone via 3G and Wi-Fi. According to the company’s CEO this makes it the “first independent online television company to cross over into full mobile internet” (ref http://www.electricpig.co.uk/2009/01/15/vodafone-users-get-free-babelgum-mobile-video-trial/ ) The web-tailored programming mainly consists of music videos and comedy clips (REF http://newteevee.com/2009/01/12/babelgums-web-tv-goes-mobile-on-3g-in-the-uk/ ) as well as short extracts of nature documentaries, Babelgum’s original productions and exclusive content adapted into short episodes suitable for mobile viewing.

Content

Babelgum only airs professionally produced content (and not the user-generated content found on YouTube and similar sites). Its editorial focus is on indie film and music, comedy, urban culture, nature and the environment^[3], presented through the five channels Film, Music, Comedy, Metropolis and Our Earth. In addition to mainstream TV content, Babelgum offers niche programming ^[4] such as independent and short films, aiming to "serve the Long Tail of viewers' interests" ^[5] and give visibility to small independent producers who would not normally get widespread distribution.

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References

^ "Babelgum and Vodafone Italia Present the first No-Pay TV for mobile phones" (PDF). Babelgum. December 10 2008. {{cite web}}: Check date values in: |date= (help)
^ Knight, Toby (January 15 2009). "Vodafone users get free Babelgum mobile video trial". Electric Pig. {{cite web}}: Check date values in: |date= (help)
^ "Babelgum and Good Announce Global Brainstorm To Save the World". NewsGuide.us. July 28 2009. {{cite web}}: Check date values in: |date= (help)
^ Wells, Dominic (June 21 2008). "Internet TV ushers in the million-channel future". Timesonline. {{cite web}}: Check date values in: |date= (help)
^ Introducing Babelgum (Joost isn’t the only game in town) | last100

[1] "Swisscom submits Fastweb takeover prospectus to Consob". Telecompaper. September 20 2007. {{cite web}}: Check date values in: |date= (help)

[2] "FastWeb founder turns his attention to Internet television and video-on-demand". The New York Times. March 4 2007. {{cite web}}: Check date values in: |date= (help)

[3] "Babelgum and Vodafone Italia Present the first No-Pay TV for mobile phones" (PDF). Babelgum. December 10 2008. {{cite web}}: Check date values in: |date= (help)

[4] Knight, Toby (January 15 2009). "Vodafone users get free Babelgum mobile video trial". Electric Pig. {{cite web}}: Check date values in: |date= (help)

[5] "Babelgum and Good Announce Global Brainstorm To Save the World". NewsGuide.us. July 28 2009. {{cite web}}: Check date values in: |date= (help)

[6] Wells, Dominic (June 21 2008). "Internet TV ushers in the million-channel future". Timesonline. {{cite web}}: Check date values in: |date= (help)

[Last100.com-7] Introducing Babelgum (Joost isn’t the only game in town) | last100

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