Buy Vimeo Accounts. Vimeo is an American video hosting, sharing, and services platform provider. Vimeo focuses on the delivery of high-definition video across a range of devices. Vimeo’s business model is through software as a service.
They drive revenue by providing subscription plans for businesses and video content producers. 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.
Vimeo was founded in November 2004 by Connected Ventures, the parent company of the humor-based website College Humor, as a side project of web developers Jake Lodwick and Zach Klein to share and tag short videos with their friends.
The idea for a video-sharing site was inspired after College Humor 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.
The name Vimeo was created by Lodwick as a play on the words video and me. As College Humor was drawing in audiences, Vimeo was put to the side while Lodwick and Klein focused on supporting the main College Humor site. Vimeo’s user base grew only by a small amount during the next few years principally by word-of-mouth.
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. 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.
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. Streaming of 4K content launched the following year, along with adaptive bitrate streaming support.
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.
Vimeo acquired VHX, a platform for premium over-the-top subscription video channels, in May 2016, subsequently offering this as a service to its sites customers. Vimeo acquired the existing service Livestream in September 2017 to bolster its associated staff and technology, eventually integrated its streaming technology as Vimeo Live, another service offering for its service subscribers as Vimeo OTT.
On this move, Vimeo decided to focus more heavily on supporting its content creators and customers, transitioning itself away from being simply a content-hosting or video-sharing website and move into the software as a service model.
According to Sud, Vimeo saw that the demand for online video services had shifted away from Hollywood productions and media producers and was gaining more traction by large businesses, and just as Vimeo had originally drawn attention from indie filmmakers at its start, they saw an opportunity to help with smaller businesses needed video sharing capabilities but lacking the resources to develop those internally.
The company introduced a number of tiers and services aimed for business use atop their existing services. Vimeo no longer considered itself a competitor to YouTube or other video-sharing sites, and instead called itself “the Switzerland for creators”, according to Sud.
Creators were allowed to copy and share their videos to any other video-sharing site as long as they continued to use Vimeo’s video editing tools for preparing their creations.
In early 2017, Vimeo released collaborative review tools for its users, allowing them to privately share to other users to get feedback tied to individual frames of the video, thus keeping the video creation workflow entirely within the Vimeo service.