Who Owns Vimeo? (Vimeo Explained)

Vimeo, founded in 2004 by Jake Lodwick and Zach Klein, is a high-quality, ad-free video-sharing platform designed for professional creators and businesses. Unlike YouTube, Vimeo prioritizes creative filmmaking and offers various paid subscription plans for video hosting, live streaming, and monetization. Acquired by IAC in 2006, Vimeo expanded its capabilities over the years, supporting HD video in 2007, acquiring Livestream in 2017, and integrating AI-powered editing tools in 2019. In 2021, Vimeo became an independent publicly traded company (NASDAQ: VMEO). As of April 2024, Philip Moyer leads the company, continuing its focus on premium video services. While Vimeo is free for viewers, users must subscribe to upload content beyond basic limits. With its professional-grade tools, Vimeo remains a top choice for filmmakers and businesses seeking high-quality video hosting and distribution.

Brief History of Vimeo

Since its launch in 2004, Vimeo has grown into a leading video-sharing platform, offering high-quality, ad-free video hosting for creators and businesses. From its early days as a niche creative space to becoming a powerful SaaS platform, Vimeo has continuously evolved to meet the needs of professional users. Let’s take a closer look at its journey.

Founders (Early Days)

What is Vimeo? Vimeo is a high-quality video-sharing platform that was founded in 2004 by Jake Lodwick and Zach Klein. Unlike other video platforms that focused on user-generated content and ad-based revenue models, Vimeo was designed to cater to professional creators, filmmakers, and businesses. The platform emphasized ad-free, high-definition video hosting from the beginning, setting itself apart as a premium space for artistic and commercial content. In 2006, Vimeo was acquired by IAC (InterActiveCorp), giving it the resources to expand and refine its services.

Growth Over Time

Vimeo has continuously evolved to meet the needs of content creators and businesses looking for a professional, ad-free video hosting solution. Over time, it shifted towards a Software-as-a-Service (SaaS) model, offering advanced tools for video production, distribution, and monetization.

Key milestones in Vimeo’s growth include:

• 2007 – Became one of the first platforms to support high-definition (HD) video playback.
• 2017 – Acquired Livestream, expanding its live video streaming capabilities.
• 2019 – Integrated AI-powered editing tools by acquiring Magisto.
• 2021 – Separated from IAC and became a publicly traded company (NASDAQ: VMEO).

Instagram Followers

2.500

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$27.25

Instagram Likes

250

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$4.5

TikTok Followers

2.500

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$38.75

TikTok Likes

250

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$2.99

Instagram Comments

20

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$6.2

Current Status (Leadership & Ownership)

Today, Vimeo is a leading video-sharing platform for businesses, content creators, and enterprises that require professional-grade hosting, customization, and monetization tools. As of April 2024, Philip Moyer serves as Vimeo’s CEO, bringing expertise from Google Cloud and Amazon Web Services. Under his leadership, Vimeo continues to innovate and enhance its suite of video tools.

Vimeo Subscription Plans

If you’re an everyday user wanting to watch Vimeo’s creative videos, you don’t have to pay for it. There is no limit to watching Vimeo videos for any user. However, you are only required to pay to watch “Vimeo on Demand” videos or plan to upload videos to the platform. 

Vimeo offers various subscription plans with varying features for its users. To illustrate, Vimeo Plus subscribers can upload up to 5GB per week, while Vimeo Premium subscribers can upload up to 7TB total with no weekly limits. You can choose one of the best for you by reading the Vimeo Support articles.

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Who Owns Vimeo in Summary

To conclude, Vimeo started as a side project of two web developers who are into videos. After its initial success, its parent company was acquired by IAC, which is an American media holding that owns brands across more than 100 countries. To sum up, Vimeo is about Vimeo is a great platform to share your professionally-made videos and interact with other filmmakers. Besides filmmakers, common users also can watch beautifully made videos on Vimeo freely.