Vimeo ups subscriber numbers by 9% in Q4

Vimeo grew its subscriber numbers 9% year-on-year in the fourth quarter to reach 952,000, according to figures broken out by parent company IAC. The video company’s Q4 2018 revenue increased 28% to US$44.2 million, driven by the increase in subscribers and a 22% increase in average revenue per subscriber. However, Vimeo’s operating loss grew 25% […]

Vimeo names new CEO

Vimeo, the ad-free open video platform and operating business of IAC, has appointed Anjali Sud as chief executive officer. Sud was previously general manager and senior vice president of Vimeo’s flagship creator business. She has taken over the role from Vimeo’s interim CEO, Joey Levin, who remains chief executive of IAC. Levin had taken on the […]

Vimeo staffs up for content and originals push

Vimeo has made a trio of hires as it pushes into original programming, co-productions and premium drama acquisitions, bringing on execs from Paramount, Hulu and Bunim Murray, DTVE’s sister title TBIVision reports. The video service has already said it is keen to “follow in the footsteps” of Netflix, and wants a Vimeo SVOD service stocked with […]

Vimeo to launch subscription video offering

Vimeo has announced plans to launch a subscription video offering on top of its existing service, in an effort to “take a share of the $500 billion TV and film market”. In a letter to shareholders to accompany Vimeo parent company IAC’s third quarter results, IAC CEO and interim Vimeo CEO Joey Levin said that […]

IAC reportedly puts CollegeHumor up for sale

IAC is reportedly looking to sell its stake in comedy video site CollegeHumor following a spate of recent deals in the online content space. According to a Fortune report, IAC is looking for around US$100 million for the business and is talking to potential buyers, having bought a 51% controlling stake in CollegeHumour back in […]

Aereo raises US$34 million in funding

US online TV service Aereo has raised US$34 million (€25 million) in new funding as it sets its sights on “rapid nationwide expansion”. The firm said it would also use the Series C round to invest in hiring and technology, predicting a “blockbuster year” in 2014 after experiencing “tremendous growth” in 2013. “Aereo has scaled […]