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Vimeo To Become Stand-Alone Company In 2021; Spinoff News Lifts IAC Shares
Shares in digital conglomerate Interactive Corp. are up 14% today after the company announced that its video subsidiary Vimeo will be spun off into its own company in 2021.
In the quarter ending in September, Vimeo had 1.46 million subscribers, a gain of 21% from the same period a year ago, with revenue of $75.1…
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By Dade Hayes
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1 Comments Comment on Vimeo To Become Stand-Alone Company In 2021; Spinoff News Lifts IAC Shares
SXSW 2020 Pilot Showcase Makes Its Way To Vimeo
Although it was canceled in March, SXSW is still going strong as a group of filmmakers for the 2020 SXSW Episodic Pilot Competition launched the SXSW 2020 Pilot Showcase on Vimeo. The lineup includes the online debut of six new pilots that will be available for free starting today.
The showcase includes projects from…
IAC-Backed Vimeo Acquires Israeli Video Editing Business Magisto
Vimeo has acquired online video editor Magisto. The IAC-backed business has bought the Israeli firm, which allows users to create and edit short-form videos for a range of platforms, in a deal that is thought to be around $200M, according to local reports.
It comes eighteen months after Vimeo acquired live video…
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By Peter White
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SVOD Network Zeus Announces New Series, Strikes Technology Partnership With Vimeo
Zeus, the on-demand network co-founded by top social media creators DeStorm Power, Amanda Cerny and King Bach and television executive producer Lemuel Plummer, has struck a technology partnership with Vimeo to power its over-the-top service, even as it announced a new series for the fall.
The service is in production…
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Vimeo Latest To Remove InfoWars Content
UPDATED with details of a coming NBC Nightly News interview with Twitter CEO Jack Dorsey: The video streaming site Vimeo is the latest platform to remove content from far-right conspiracy theorist Alex Jones and his media organization InfoWars, following similar moves by the likes of Facebook, Apple and Spotify.
The…
Vimeo Buys Livestream, Launches Live Streaming Enterprise Service
As social media behemoths like Facebook and Twitter increasingly focus on live video, the Barry Diller-backed Vimeo has acquired Livestream, which handles 10 million live online events a year, and launched a new offering that enables customers to broadcast high-quality live video.
In a blog post, the unit of IAC Corp…
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By Dade Hayes
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Vimeo Picks Anjali Sud To Be CEO Following Year Of Setbacks
IAC’s Vimeo apparently hopes to steady itself after a turbulent year with the appointment of a new CEO: Anjali Sud, who had been GM and Senior SVP of its creator business.
The announcement follows the June 2016 departure of Kerry Trainor, who had been CEO for four years. IAC chief Joey Levin stepped in as Interim…
Is The Premium Video Business Harder To Attack Than Digital Giants Imagined?
The past few weeks should be modestly reassuring for Team TV in the race to see whether traditional television companies can become major digital players faster than digital companies become television ones.
Powers including Facebook, Apple and Google’s YouTube signaled in a series of programming-related initiatives…
Vimeo Scraps Plans For SVOD Service
Vimeo, which had been gearing up to launch a subscription VOD service, will no longer proceed with the plans.
"Vimeo has confirmed that it has decided not to proceed in offering a subscription-based original program service scheduled to begin in '18," a spokesperson for the video-streaming service, owned by Barry…
Rich Battista Named Time Inc. CEO Replacing Joe Ripp
Time Inc. has named Rich Battista President and Chief Executive Officer of the company, effective immediately, succeeding Joe Ripp. Battista will be joining the Time Inc. Board of Directors and Ripp will continue to lead the board as Executive Chairman.
"I am deeply grateful to have had the opportunity to lead this…
‘Orange Is The New Black’ & ‘Mad Men’ Among Lionsgate Titles Available In Deal With Vimeo
In a first for a Hollywood studio, Lionsgate has partnered with Vimeo to license its content for Vimeo’s global television store with titles including Orange is the New Black, Casual, The Royals, Mad Men and Weeds.
Under the exclusive pact, the titles will be available on Vimeo in the U.S. and over 150 countries…
Vimeo CEO Kerry Trainor Sets Exit As Parent IAC Looks For A New Chief
Vimeo CEO Kerry Trainor told staffers today that he’s stepping down as chief of IAC’s filmmaker-founded video sharing site “to live life for a bit while working with a few companies as a board member until I'm ready to announce my next full-time project.”
The former AOL and Yahoo exec will stay as an adviser while…
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