Ernesto Schmitt

Quick Facts

Full Name	Ernesto Schmitt
Date Of Birth	Aug 1, 1971(1971-08-01)
Age	53
Birthplace	Cincinnati
Country	United States
Birth City	Ohio
Horoscope	Leo

Ernesto Schmitt Biography

Ernesto Schmitt is one of the most popular and richest Entrepreneur who was born on August 1, 1971 in Cincinnati, Ohio, United States.

Schmitt founded Peoplesound, an online music store and streaming service in 1999 and ran it until 2001, when acquired by Vitaminic Peoplesound was one of the earliest platforms for digital music in the world.It offered customers two free songs from every band as a taster and then invite customers to create their own compilations in CD Realaudio or MP3 format. It also famously offered artists £100 to join. The business primarily focused on observing user behaviour around their engagement with music to help the music industry better understand and target consumers. Peoplesound raised money based on a valuation of around £70m, from investors including Finnish wireless communications operator Sonera Corporation and venture capital firm Zouk Ventures. Earlier backers include French billionaire Bernard Arnault’s [email protected]

Peoplesound’s Italian-owned rival music website, Vitaminic, bought Peopleound in 2001 in a deal worth €34m (£20m). The deal was financed partly with cash and partly with the issuing of 1.3 million new Vitaminic shares to Peoplesound shareholders. Peoplesound retained its brand name and website. Schmitt was quoted as saying to the BBC, “The combination of massive online distribution, e-commerce, music publishing, commercial licensing and value-added services resulting from the merger of the two companies means we will take leadership in the technology revolution reshaping the traditional music industry.”

Ernesto Schmitt Net Worth

Ernesto Schmitt is one of the richest Entrepreneur from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Ernesto Schmitt 's net worth $5 Million. (Last Update: December 11, 2023)

Ernesto Gottfried Schmitt (born August 1971) is a German-Uruguayan entrepreneur and investor based in the United Kingdom. He is co-founder of The Craftory, an investment group for challenger brands in the consumer products space. He co-founded Fabula AI, which was sold to Twitter in June 2019. In October 2000, Schmitt was CEO of Peoplesound, a music download site for unsigned bands; and later founded Silverscreen, the chain of movie stores. More recently, he founded Beamly and DriveTribe.

Height, Weight & Body Measurements

Ernesto Schmitt height Not available right now. Yara weight Not Known & body measurements will update soon.

Who is Ernesto Schmitt Dating?

According to our records, Ernesto Schmitt is possibily single & has not been previously engaged. As of December 1, 2023, Ernesto Schmitt’s is not dating anyone.

Relationships Record : We have no records of past relationships for Ernesto Schmitt. You may help us to build the dating records for Ernesto Schmitt!

In January 2012, BSkyB bought a stake in Zeebox and announced plans to integrate the software with its offering. In September 2012, Zeebox announced expansion into the US with a commercial partnership with Comcast Cable, NBCUniversal, Viacom and HBO. Comcast, NBCU and Viacom also took minority equity stakes for undisclosed sums. In November 2012, zeebox launched a joint venture in Australia with Network Ten and Foxtel.,

Facts & Trivia

Yara Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in United States. Ernesto Schmitt celebrates birthday on August 1 of every year.

DriveTribe is an automotive online community platform founded by Schmitt, alongside The Grand Tour presenters Jeremy Clarkson, James May and Richard Hammond. The platform features different automotive-themed ‘tribes’ which people can join, post to, live chat with members of and share content on The website launched in November 2016 with a few selected tribe members. Financing for DriveTribe came from, among others 21st Century Fox and Breyer Capital, who have invested respectively $6.5 and $5.5 million in the platform.

Top Facts about Ernesto Schmitt

1. Ernesto Schmitt is an American-born entrepreneur known for co-founding Zeebox.
2. He was born in New York City and later moved to London.
3. Schmitt studied at Harvard University and holds a law degree.
4. Zeebox, now rebranded as Beamly, was a social TV platform.
5. The company raised over $30 million in funding from investors.
6. Schmitt left Zeebox in 2014 to pursue other ventures.
7. He has been involved with various startups and tech companies.
8. Schmitt is recognized for his expertise in digital media and entertainment.
9. He has spoken at conferences and events on industry-related topics.
10. Currently, he serves as an advisor and mentor to entrepreneurs.