Vimeo
About
Vimeo is a video sharing website that allows users to upload and view video, similar to YouTube. The name is a portmanteau of the words "video" and "me."
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History
Jake Lodwick and Zach Klein founded Vimeo in November 2004,[1] becoming one of the first video-sharing sites and pre-dating it's prime competitor, YouTube, by several months. On Wednesday, February 5th, 2005, Jake Lodwick posted the first video to Vimeo, entitled "Good morning, universe." As of September 2017, it has been viewed more that than 648,000 times.[2]
On May 9th, 2008, the company joined Twitter. [3] Within nine years, the account @vimeo has amassed more than 235,000 followers.
The following year, on December 22nd, 2009, Redditor [4] launched the /r/vimeo subreddit. The page, as of September 2017, has more than 2,100 subscribers.
As of September 2017, Vimeo has more than 50,000,000 creators on the site.
Livestream Acquisition
On September 26th, 2017, Vimeo announced that it had acquired the live streaming website, Livestream. The purchase ended Vimeo's plans to start their own Video-on-demand service, and instead will integrate Livestream's technology into a new product for live streaming. The company claims that it's the biggest acquisition in history.[5] Vimeo plans to full integrate Livestream, meaning that Livestream customers will continue to use the site's tools, but will have to use Vimeo's in the future.
In addition to the Livestream acquistion, the company also launched Vimeo Live, which allows users to broadcast live events in high definition.
Highlights
On October 9th, 2004, Vimeo announced that it would support high-definition video, the first video-sharing service to offer the format.[3]
In October 2010, Vimeo held their first awards show in New York City, honoring the highest achievements in creativity on the site.
On March 12th, 2013, Vimeo launches "Vimeo on Demand," which allows creators to sell their video directly through the site.
Features
In addition to supporting high-definition and 4K video, Vimeo offers many services to creators. This includes platforms that allows them to sell and promote their works on the site. This also allows users to distribute their videos and make money off them.
The site also allows users to pick a variety membership plans. The free basic membership includes 500mb of space weekly. Premium membership, Plus and Pro, offer a variety of storage and posting plans, with prices increasing depending on space needed.
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