ADWEEK - July 20 - Vimeo and TikTok entered a partnership that integrates the former's video tools with the latter's platform, making it easier for small and midsized businesses to create effective video ads. Vimeo was also added to the TikTok Marketing Partners program, becoming the first partner to earn a badge in the new "Creative Tools" subcategory of "Creative Partners."
6 posts categorized "Vimeo"
TikTok Integrates Vimeo's Video Tools With an Eye Toward SMBs
|
Vimeo Stock Falls in Trading Debut
YAHOO FINANCE - May 26 - Vimeo CEO Anjali Sud is already back on the hunt for Vimeo's next acquisition while also plotting out new investments in the company. The listing comes on the heels of Vimeo posting 57% sales growth in the first quarter as companies continued to invest in professional video tools during the pandemic. First-quarter adjusted operating profits clocked in at $1.8M, marking the third straight quarter of being in the green for Vimeo. Shares fell as much as 16%. Vimeo's market cap stands at about $8B, above the $6B valuations afforded on an early Jan 2021 capital raise.
|
IAC Plans to Spin-Off Vimeo as an Independent Company
TECH CRUNCH - Dec 23 - IAC announced that it plans to turn Vimeo into an independent, publicly-traded company. Last month, IAC CEO Joey Levin wrote a letter to shareholders in which he said the holding company had begun contemplating spinning Vimeo off to the shareholders. The announcement notes that this is the eleventh company that IAC has spun off, a process in which it distributes its ownership stake to IAC shareholders.
|
Vimeo Raises $150M While IAC Is 'Contemplating' a Spin-off
TECH CRUNCH – Nov 9 - Vimeo has raised $150M in new equity funding from Thrive Capital and GIC. IAC (the parent company) CEO Joey Levin said the company has begun contemplating spinning Vimeo off to shareholders. Vimeo has 1.5M paying subscribers and ~3,500 enterprise clients. Vimeo grew revenue by 44% YOY, to $75.1M. And it had its first quarter of positive EBITDA - $3.4 million.
|
After YouTube, Turkey Moves To Ban Video Sharing Site Vimeo
TECH CRUNCH - Sep 30 - Turkish courts have famously banned video sharing juggernaut YouTube several times since March 2007. The site still isn’t accessible, despite the fact that Turkey’s president Abdullah Gül used his Twitter account last June to express disapproval of the country’s blocking of YouTube. But now Vimeo has been blocked for precautional purpuses upon request of a Turkish court, which is part of an ongoing investigation held by the Ankara Prosecution Office. The investigation is related to a video which was published on Vimeo.com, claimed to be recorded secretly via a hidden camera and claimed to belong to a member of the parliament and another person, in which this video is in an act of violating personal life/rights via online or offline media. FULL ARTICLE @ TECH CRUNCH
|
Vimeo Video Site Nurtures Its Video Creators
USA TODAY - Jan 27 - Vimeo, which is based in New York, is a unit of
publicly traded IAC, which owns many sites, including Match.com,
Citysearch and Ask. IAC doesn't break out revenue for its sites and
won't say if Vimeo is profitable. But traffic has more than doubled to
2.5M visitors in November from 957,000 in November 2008, according to
ComScore. YouTube reached 129M visitors in Nov and showcasing 12.2
billion videos. (Vimeo showed 14.7M videos.) FULL ARTICLE @ USA TODAY
|