New CEO for Babelgum

Web video service Babelgum has appointed its third chief executive, with current CMO Stefania Valenti replacing Valerio Zingarelli.

Funded by Italian telecoms billionaire Silvio Scaglia the founder of FastWeb, the service opted to cut costs by closing its Dublin HQ and Nice office in November 2009 to consolidate at its London, Milan and New York offices.

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