Vimeo’s $1.38 Billion Sale Marks The End Of An Era
Once a hub for indie filmmakers and animators, Vimeo’s $1.38B sale to Bending Spoons marks bookends its long decline from online indie content dominance.
Once a hub for indie filmmakers and animators, Vimeo’s $1.38B sale to Bending Spoons marks bookends its long decline from online indie content dominance.
Filmmakers who have remained on Vimeo, like Ivan Li, have to deal with inconsistent content moderation policies, among other headaches.
Once an essential resource in the independent animation and filmmaking community, Vimeo has struggled to become a sustainable company after its pivot to a tech platform.
One creator was recently threatened with a 1,650% price increase for video hosting.
In recent years, the “indie Youtube” has turned away from the artistic community and reinvented itself as a video tools company.
The company is pivoting from a video platform to a software tools company.