Vimeo, With SVOD Plans In Rearview, Looks Toward Live Streaming And International Expansion

More than two months after scrapping its plans to build an SVOD service, and about six weeks after it announced Anjali Sud as its new CEO, Vimeo has offered an update on its forthcoming plan. Sud, in a Variety profile, revealed that Vimeo plans to launch a live streaming video platform by the end of 2017, and that the company is working on several other developments under the banner of a newly-launched division called Creator Labs.

In deciding to back away from its SVOD plans, Vimeo...

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