wordpress blog stats
Connect with us

Hi, what are you looking for?

Vimeo acquires Livestream, launches Vimeo Live

Vimeo has acquired Livestream, a firm that provides live streaming tech to corporate and professional clients. Livestream is based in California and has offices in Ukraine and Bangalore. It will use Livestream’s tech and infrastructure to power its recently-launched Vimeo Live, which is priced between $75 and $800+ a month, depending on client requirements. Just like Livestream’s plans, Vimeo Live seems to be targeted at organizational clients and third parties.

This is unlike YouTube and Facebook, whose live streaming products are not very customizable and are usually only viewable on those companies’ websites themselves. Vimeo (and Livestream) on the other hand, provide customizable and embeddable streams that clients can customize and encode video for on their own; the company will, however, handle all the backend parts of the live streaming.

Vimeo will also provide content creators with this live streaming technology, and like YouTube, will enable monetization with advertising. This is the largest-ever acquisition, the company told TechCrunch. “Ultimately, Vimeo is a creator-first platform and live video is what our creators are asking for,” CEO Anjali Sud said in a statement, adding that acquiring Livestream was the best way to ensure “what we produce is founded in quality and reliability”.

Livestream’s clients, which include the New York Times, Dow Jones, Spotify, TED Talks, and others, delivers over 50 million live streams a day, the company  aid in its announcement. Livestream’s syndication tools will soon be used for live distribution across Facebook, YouTube, Twitch and Twitter, the company said.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

News

Video-conferencing company Zoom Video Communications Inc. did not disclose the total number of customers using its platform, but said that around 433,700 organisations with...

News

The Indian government has amended the internet shutdown rules, formally known as the Temporary Suspension of Telecom Services Rules, to restrict the validity of...

News

Facebook has told the Competition Commission of India (CCI) that its investment in Jio Platforms will involve the transfer of only “limited data”. Facebook...

News

Rajasthan suspended internet in four districts — Dungarpur, Udaipur, Banswara and Pratapgarh — on Saturday after violent protests erupted in Dungarpur district on Thursday...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ