Several Patreon creators say Vimeo is forcing them to pay thousands of dollars per year for a custom plan, as Vimeo shifts its focus to large corporate clients
Mia Sato / The Verge :
Vimeo stock fell 12.85% on Tuesday, its first day of trading as a public company after spinning off from IAC, closing at $45.39/share, with a ~$7.2B market cap
IAC shareholders will vote on the spinoff of Vimeo on May 14; Vimeo posted Q1 revenue of $89.4M, up 57% YoY
Emily Bary / MarketWatch : See also Mediagazer
Vimeo raises $300M at a valuation of $6B, nearly doubling in value in less than three months, ahead of the unit's scheduled spinoff from IAC in Q2
Brody Ford / Bloomberg :
Vimeo raises $150M, says revenue grew 44% YoY to $75.1M in Q3, it has 1.5M paying subscribers, 3,500+ enterprise clients, is contemplating a spin-off from IAC
Anthony Ha / TechCrunch : See also Mediagazer
IAC's Vimeo generated $160M in revenue in 2018, up from $103.3M in 2017, as its subscribers grew to 952,000, up 9% YoY
IAC's Dotdash, which owns Investopedia and remnants of About.com, posts $131M revenue in 2018, up 44% YoY, and expects 21% revenue growth YoY for 2019
Max Willens / Digiday : Tweets: @rafat and @pkafka See also Mediagazer Tweets: Rafat Ali / @rafat : Also congrats to @neilvogel & team for crossing $100mn revenue mark and great profit margins for co...
Vimeo CEO talks about plans to launch Netflix-like paid streaming service for consumers in a letter to shareholders
Sarah Perez / TechCrunch :
Business news streaming startup Cheddar launching premium $6.99/mo service powered by Vimeo
Shalini Ramachandran / Wall Street Journal : Tweets: @jonsteinberg , @conorsen and @shaliniwsj . See also Mediagazer Tweets: Jon Steinberg / @jonsteinberg : .@cheddartv free daily (and more) on Faceb...