#Vimeo ceo update full#
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#Vimeo ceo update software#

Transition to a software provider (2016–2019) Support for high-dynamic-range video up to 8k was added in 2017, and AV1 encoding in June 2019.

#Vimeo ceo update series#

In March 2017, Vimeo introduced 360-degree video support, including support for virtual reality platforms and smartphones, stereoscopic video, and an online video series providing guidance on filming and producing 360-degree videos. Streaming of 4K content launched the following year, along with adaptive bitrate streaming support. In December 2014, Vimeo introduced 4K support, though it would only allow downloading due to the low market penetration of 4K displays at the time. Vimeo did allow machinima videos with a narrative structure. From 2008 to 2014, Vimeo had blocked the hosting of video game-related videos as they typically were longer than their normal content and took much of the site's resources. The new version was aimed to feature the video playback as the central focus of the design, contrasting with the numerous user interface elements that YouTube had within its layout at the time. Vimeo began rolling out a major redesign of its site in 2009 aimed to put the user's focus on the video, which ultimately was completed by January 2012. Developing high-definition content delivery (2009–2017) Lodwick was planning to leave the company near the end of 2007, as he said that IAC's incorporation of business processes hampered their creativity, but was fired a few weeks before that point. While IAC's acquisition of Connected Ventures helped to target Vimeo's direction, the corporate nature of IAC created issues with many of the original staff of CollegeHumor and Vimeo. By October 2007, Vimeo was the first video sharing site to offer high-definition content to users via Flash-based high-definition video playback. To differentiate themselves from YouTube and other video sharing sites that had appeared since Google's purchase, Vimeo was focused on the content creator with better upload tools, and better curation of content on the site rather than on popularity.

#Vimeo ceo update full#

By the start of 2007, IAC had directed Lodwick, Klein, and Andrew Pile to work on Vimeo full time and expand its capabilities. In reviewing the assets of Connected Ventures, IAC discovered the Vimeo property this came at the same time that Google had purchased YouTube for US$1.65 billion in October 2006. IAC, owned by Barry Diller, acquired a majority ownership of Connected Ventures in August 2006, as they were drawn by the success of CollegeHumor which was bringing around 6 million visitors a month at the time. Vimeo's user base grew only by a small amount during the next few years principally by word-of-mouth. As CollegeHumor was drawing in audiences, Vimeo was put to the side while Lodwick and Klein focused on supporting the main CollegeHumor site. The name Vimeo was created by Lodwick as a play on the words video and me. The idea for a video-sharing site was inspired after CollegeHumor received a large number of views from a posted video clip of the October 2004 Saturday Night Live show that included Ashlee Simpson's infamous lip-syncing incident. Vimeo was founded in November 2004 by Connected Ventures, the parent company of the humor-based website CollegeHumor, as a side project of web developers Jake Lodwick and Zach Klein to share and tag short videos with their friends. Jake Lodwick and Zach Klein, founders of Vimeo History Initial growth from CollegeHumor (2004–2009)

IAC spun off Vimeo as a standalone public company in May 2021. Lodwick and Klein eventually left by 2009, and IAC implemented a more corporate-focused structure to build out Vimeo's services, with current CEO Anjali Sud having been in place since July 2017. IAC acquired CollegeHumor and Vimeo in 2006, and after Google had acquired YouTube for over US$1.65 billion, IAC directed more effort into Vimeo to compete against YouTube, focusing on providing curated content and high-definition video to distinguish itself from other video sharing sites. The site was initially built by Jake Lodwick and Zach Klein in 2004 as a spin-off of CollegeHumor to share humor videos among colleagues, though put to the side to support the growing popularity of CollegeHumor. As of December 2021, the site has 260 million users, with around 1.6 million subscribers to its services. Vimeo provides its subscribers with tools for video creation, editing, and broadcasting, enterprise software solutions, as well as the means for video professionals to connect with clients and other professionals. They derive revenue by providing subscription plans for businesses and content creators. Vimeo's business model is through software as a service (SaaS). Vimeo focuses on the delivery of high-definition video across a range of devices. ( / ˈ v ɪ m i oʊ/) is an American video hosting, sharing, and services platform provider headquartered in New York City.