March 21, 2017

In IAC’s November 2, 2016 shareholder letter, the company announced that Vimeo was working on an over-the-top (OTT) TV subscription service to rival its competition. Tubefilter reports that Vimeo has recently hired three experienced executives – Alana Mayo, Kesila Childers and Kelly Miller – to help make that vision a reality. In the shareholder letter, interim Vimeo CEO Joey Levin said: “Vimeo has the once-in-a-generation opportunity to, following in Netflix’s footsteps, deliver compelling subscription viewing experiences for consumers in the market for pay TV…”