Vimeo Aborts SVOD Service Plan26 Jun, 2017 By: Erik Gruenwedel
Online video sharing service Vimeo has reportedly canceled plans to launch a subscription streaming service to rival Netflix, Hulu and Amazon Prime Video.
The service last winter announced plans for an SVOD service offering largely user-generated — not licensed — original content.
“Vimeo has confirmed that it has decided not to proceed in offering a subscription-based original program service … in ,” a spokesperson said in a statement.
Vimeo last October debuted a global digital storefront in 150 countries, offering select original TV series from Lionsgate and Starz, priced from $7.99 per season.
Content included series “Orange Is the New Black,” “Casual,” “The Royals,” “Mad Men,” “Manhattan,” “Nurse Jackie,” “Blue Mountain State,” “Greenleaf” and “Weeds,” among others. In the coming weeks, Starz will offer original series “The Girlfriend Experience,” horror-comedy “Ash vs. Evil Dead” and “Black Sails.”
“As audiences across the globe continue to shift toward online viewing, Vimeo is taking a leadership role, establishing our 'on-demand' storefront as the world’s first transactional [VOD] service to offer premium television on a truly global basis,” Sam Toles, SVP of programming at Vimeo, said at the time.