It has two types of account - free and paid options. But you can also use it for free by posting videos of no more than 500 megabytes in size. This resource has been online since 2004.
This famous video hosting company maintains InterActiveCorp, which is located in the U.S., in New York City. Video hosting has more than 70 million users at the moment. Further in the article, we will talk about what is Vimeo and how to use it, and take as a basis some working ways that will help you to earn in the Internet by means of this service.
In this section of the article we'll take a look at the advantages of Vimeo video hosting service. Let's start with the most important one. If you use a paid plan you'll be able to publish videos up to 5 gigabytes per week. Imagine how many videos you can post using this feature. And now let's list the main advantages of Vimeo service:
There is absolutely no advertising in your videos;
It is possible to upload video without any difficulties;
There is an opportunity to create channels and groups;
Privacy settings on videos;
Improved statistics, which gives all the data about views;
opportunity to earn through the Internet.
Videos can be embedded into one-page websites, regular websites, blogs.
These are not all the benefits of Vimeo. Only the most basic ones have been listed.
InterActive Corporation will spin off the Vimeo video service into an independent public company. This is expected to happen in the second quarter of 2021 through the reclassification of InterActive securities - shareholders will receive proportional stakes in Vimeo.
The decision to spin off Vimeo was made against the backdrop of the platform's growth during the pandemic, WSJ explains. Since April, the service's revenues have grown at least 40 percent each month compared to 2019. By September 2020, Vimeo's audience had grown 21% to 1.46 million subscribers.
At the same time, the company's losses decreased. While Vimeo recorded an operating loss of $11.2 million at the end of last year's third quarter, by the end of the third quarter of 2020 the figure had dropped to $3.3 million.
Vimeo is a service for publishing and watching videos, founded in 2004. Unlike YouTube, which uses ads to generate revenue, Vimeo sells subscriptions. It provides customers with video editing tools.
Vimeo had a funding round in November in which it raised $150 million and was valued at $2.75 billion.
InterActive is a U.S. corporation that runs dozens of Internet companies (including Investopedia, the Daily Beast and many others). InterActive's shares are traded on the NASDAQ exchange.
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