Vimeo, Like YouTube, Plans To Launch Subscription-Based Service

At the Code/Mobile conference, YouTube CEO Susan Wojcicki made headlines by noting that YouTube may build a subscription-based, ad-free service for its users. Not to be outdone, Vimeo CEO Kerry Trainor has now said his site plans to roll out its own subscription service, which could arrive next year.

It’s not clear what sort of service Trainor is referring to, but it won’t be exactly like YouTube’s, since there are no ads on Vimeo to begin with. Vimeo also already offers Vimeo Plus, a subscription service that provides an expanded toolkit for video creators.

Instead of focusing on a cleaner user experience, Vimeo’s subscription service seems as if it will be based around content. Vimeo already offers pay-to-view content through its Vimeo On Demand service, which has drawn interest from filmmakers and online video creators who

are interested in non-ad based revenue streams. Vimeo On Demand is currently an “a la carte” service, so a future subscription-based model could potentially function like Netflix or Amazon by giving customers access to a number of different videos they would otherwise have to pay for individually.

Subscribe to get the latest creator news

Subscribe

Trainor said Vimeo’s On Demand push has been a success. “The thing that tells us is that users are really excited and willing to pay for a whole world of content that’s just not making it to them via existing pay channels,” he told Recode.

Trainor, similarly to Wojcicki, didn’t offer any specific details, but he did say Vimeo could start offering subscriptions next year. We’re working on it,” he said. “The shovels are in the ground.”

Share
Published by
Sam Gutelle

Recent Posts

Soccer media brand Footballco is coming to America with several key hires

Footballco is betting on the growth of soccer in the United States. Over the past few…

2 days ago

MatPat-founded Theorist reveals new apparel brand at ‘Creator in Fashion’ show

As the co-host of the Creators in Fashion show that took place on April 25, Matthew Patrick (a.k.a. MatPat)…

2 days ago

Millionaires: Nicole Coenen is the internet’s favorite lesbian lumberjack

Welcome to Millionaires, where we profile creators who have recently crossed the one million follower…

2 days ago

YouTube salutes its Shorts as ad revenue soars to $8.1 billion in Q1 2024

Alphabet's earnings report for the first quarter of 2024 sent its stock price soaring sky-high.…

2 days ago

Snap stock jumps 25% after Q1 earnings beat projections. Also, 9 million people are now paying for Snapchat+.

Snap has had a rocky couple of years: several quarters of flat growth or declines,…

2 days ago

On the Rise: Rob can heal your workplace wounds

Welcome to On the Rise, where we find and profile breakout creators who are in…

3 days ago