Beamly

Last updated

Beamly
Type Private
Industry
Founded2011;12 years ago (2011)
Founders Ernesto Schmitt, Anthony Rose.
Headquarters
London
Area served
(formerly)
Key people
Jason Forbes (CEO)
RevenueIncrease2.svg US$ 120 million (2019) [1]
Number of employees
180
  • Based on suggested 2019 figures. In 2012, the employee figure was around 150.
Parent Coty, Inc.
Website www.beamly.com

Beamly was a social platform based in London, UK and New York City, United States. The company was founded in April 2011 as tBone TV, later renamed to Zeebox, by Ernesto Schmitt and Anthony Rose. It was started as a social discovery and engagement platform with 2nd-screen TV, creating the concept of social television.

Contents

Beamly, then called Zeebox, aimed to provide the optimal platform for connected television, making it a social and interactive viewing experience rather than the standard television viewing format. The platform allowed users to follow and interact with their favourite TV shows, as well as play games and take part in polls. It expanded to the US in September 2012 and into Australia in November.

Beamly took on funding from BSkyb, Comcast, NBCUniversal, Viacom and HBO. Its first round valued it at above US$150M. It was sold to the New York Stock Exchange listed S&P 500 component Coty, Inc. in 2015 for an undisclosed sum.

Business

Zeebox was founded in April 2011 as tBone TV Limited by Anthony Rose, the ex-CTO of the BBC iPlayer, and Ernesto Schmitt, entrepreneur and ex-Board Director of EMI Music. [2] [3] [4] The founding team also included Simon Miller (CTO), Max Bleyleben (COO), and Alex Nunes. [5] [6] [7] The company was renamed to "Zeebox" in August 2011 prior to its public launch in November of that year. [8] [9] It launched in IOS in December. [10]

Concept & Social integration

Zeebox original logo Zeeboxlogo.png
Zeebox original logo

Zeebox aimed to provide the optimal platform for connected television, making it a social and interactive viewing experience rather than the standard television viewing format. [11] [12] [13] At first glance, the showed the user what's currently on TV (taking in all the Freeview channels and some premium Sky and Virgin Media ones too), as well as displaying upcoming programmes. [14] [15] [16]

Through connecting Zeebox to the user's Facebook account, the service let the user pick what they were watching, as well as see what their Zeebox-using Facebook friends were watching, invite them to watch something "with" the user, instant message them or hide what you're watching with them. [17] [18] Smart TV integration made use of the iPad app as a remote control. [19]

Entry into international markets

United States expansion

In August 2012, it was announced that Zeebox would be expanding to the United States. [20] [21] It launched that September on IOS and Android. [22] [23] [24] It launched with strategic investments from Comcast, as well as from NBC Universal. [25] [26] [27] The startup also partnered with HBO to provide customised experiences around its own HBO original shows. [28] [29] For Comcast customers, the Zeebox app was available as a universal remote control, allowing users to quickly switch over to shows that they discover in the app. [30] Zeebox contained enhanced pages for 307 shows across 28 different NBC Universal networks. [31]

The Zeebox homepage from 2013 Zeebox homepage.png
The Zeebox homepage from 2013

Australian expansion

In November 2012, Zeebox launched in Australia. [32] [33] [34] This was part of a joint venture in Australia with Network Ten and Foxtel., [35] [36] In Australia, the app had been downloaded more than 350,000 times in 3 months, according to Network Ten's chief operating officer, Jon Marquard. [37] [38]

Advertising

Zeebox had extensive advertising campaigns including Jordan Klepper; many of which poked fun at "TV giants". [39] Featuring three 30 second TV ads, the campaigns featured Zeebox as TV's new sidekick, with TV sulking because ‘little brother’ zeebox is getting all the attention. [40]

Beamly

The company had 2 million active users by 2014, when it relaunched its website and iOS and Android apps on 14 April as Beamly, using further features that aimed to get people logging in throughout the day to chat about their favourite shows. [41] [42] [43] [44]

Changes

The Beamly platform encouraged people to "follow" individual TV shows, celebrities and other Beamly users, before serving them up a feed of activity and show recommendations. [45] [46] Shows each had their own "TV rooms" within the app where fans can chat throughout the day, and interact live with games, polls and other features when they're on air. [47] [48] The relaunch was also an attempt to respond to shifting TV habits, as people watch more shows on-demand, including from providers like Netflix as well as traditional broadcasters. [49] [50] [51]

Usage

In the 12 months from its relaunch in 2014, Beamly went from 2 million active users to over 10 million. [52] Trials lifted audience engagement by 72 per cent month on month. [53] Usage data showed that Beamly helped turn fans into super users, who on average visited the platform for more than 500 minutes and 21 times per week. [54] [55] In 2012, the app was opened about 27 times each month per user in the U.K., with each session lasting somewhere between 20 and 30 minutes apiece. [56]

During this time, Beamly was surpassing television chatting figures on sites such as Twitter. [57] [58]

Investments

In January 2012, BSkyB bought a 10% stake in Zeebox and announced plans to integrate the software with its offering. [59] [60] [61] [62] This stake was reportedly worth upwards of $15M, valuing the company at over $150M. [63] [64] In September 2012, Zeebox announced expansion into the US with a commercial partnership with Comcast Cable, NBCUniversal, Viacom and HBO. [65] Viacom took a stake in October 2012, as well as Comcast and NBC Universal in September 2012. [66] [67] [68] [69]

Later History

COTY acquisition

Coty's Logo Coty Inc logo 2016.png
Coty's Logo

In October 2015, Beamly was acquired by COTY for an undisclosed amount. [70] [71] [72] [73] Through this acquisition, Beamly – now headed by Jason Forbes, evolved into a digital marketing and technology business with gross revenues exceeding $120M and a global team of over 180. [74] [75] [76] [77]

In October 2016, Coty, Inc. acquired $12.5B of Procter & Gamble's beauty brands, making it the largest fragrance manufacturer in the world. [78] [79] Coty used Beamly's technology to accelerate growth of its eCommerce business, while emerging as a digital beauty brand. [80] In December 2019 it was announced that Coty was overhauling Beamly, with the possibility of dissolving the company. [77]

Awards

The company has won the following awards:

In 2012, Zeebox was named amongst the Startups 100. [81]

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