Vimeo announced the acquisition of Livestream, the platform for professional streaming and at the same time also launched Vimeo Live.
Vimeo announced that there is an agreement for the acquisition of the streaming company Livestream . He also has launched Vimeo Live, which offers live streaming solutions directly through the platform. When the acquisition is complete, the Livestream tools will be available in Vimeo Live.
Vimeo buys Livestream and new services arrive
The general manager, Anjali Sud, made it clear that livestreaming is an important element for the company. "Livestreaming the number 1 request of our creative community this year and we are focused on bringing this evolutionary media to a new level of quality, convenience and usefulness," said Anjali Sud. Livestream one of the best independent live streaming platforms and is behind more than 10 million events a year, with partners like Spotify, the Philadelphia Eagles and Tough Mudder.
Vimeo Live at 1080p
The Vimeo Live platform will offer 1080p streaming and the videos will instead be displayed in 4K after the live broadcast. The creatives will be able to take advantage of the robust hardware and software tools that the platform offers and Vimeo Live should have a price structure similar to the other paid plans of the company and there will also be monthly and annual offers.
Better user streaming than Netflix
After the cancellation of his plan to offer a streaming service similar to Netflix,society affirmed instead of wanting to concentrate on creative community. This transition to livestreaming (even after its competitors, like YouTube) and the acquisition of Livestream are certainly sensible choices for a company that offers video tools for creatives.