Tuesday, October 27, 2015

Barry Diller's IAC Beats Financial Expectations as Vimeo Grows

Vimeo posted earning as released by IAC.

The source of the earnings jump can be seen from a rise 650,000 paying subscribers, up 22 percent from a year ago. Vimeo competes with YouTube in different areas, like search for video. A differentiation is there are no disruptive ads and the content is pitched as being higher quality. Is Vimeo really filling a void for high quality video content - do consumers care?

An area that is being point to for growth is VOD on the platform.

http://www.hollywoodreporter.com/news/barry-dillers-iac-beats-financial-834724

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