![]() ![]() ![]() It hired studio execs from Paramount and Hulu and signed distribution deals with Lionsgate, CBS Interactive and Spike Lee for content to stock the new service. Vimeo CEO Anjali Sud got the job in July because she had a vision for how to. Vimeo was pinning its hopes on the booming streaming business, betting it could leverage its relationship with creatives to build a subscription service to rival Netflix, Amazon Prime and HBO. In 2010, we interviewed Paul McCandless about his brilliant, and out of. But it was a tiny, money-losing business with annual revenue under $40 million. The company is getting ready to spin out of Barry Dillers IAC later this year, turning Vimeo into a public company. The internet video outfit-owned by Barry Diller’s IAC-had found a niche hosting flicks for artsy filmmakers who didn’t want their works to be tossed into YouTube’s unruly, ad-driven stew. Anjali Sud, Vimeo chief executive officer, discusses the companys profitability, competitive environment and growth strategy with Bloombergs Lisa Abramowicz and Scarlet Fu on 'Bloomberg Markets. Vimeo CEO Anjali Sud has been at the helm of the video company since 2017. Vimeo CEO Anjali Sud told employees that while it. Seven years ago, Vimeo had Hollywood dreams. Amid mass layoffs across numerous tech companies, American video-hosting platform Vimeo also announced that will let go 11 percent of its staff. ![]() CEO Anjali Sud has transformed the near-forgotten Vimeo into a $6 billion blockbuster business that lets both mom-and-pop shops and giant corporations shoot, edit and post millions of videos across the internet’s most influential sites. While on the ground in Cannes, Tubi launched a B2B marketing effort. Vimeo was always YouTube’s weird, flailing, artsy cousin - until a thirty-something CEO stepped in and figured out how to make it a cash cow. Under Suds leadership as CEO of Vimeo (NASDAQ: VMEO), the platform established. ![]()
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