Vimeo Planning Subscription Service

In an interview with CEO Kerry Trainor, Vimeo (one of YouTube’s biggest competitors) revealed that is has future plans to start selling ad-free subscriptions to users. We don’t have any details on timing or pricing yet, but the announcement is significant as it comes on the heels of a number of VOD companies like CBS and HBO delving into the digital subscription space. Vimeo already “sells premium versions of its free service to more than 500,000 users, who pay for features like extra storage and more sophisticated publishing tools”, so it should be interesting to see which direction the side goes with their subscription service. Read all about it here.