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October 10, 2017 Facebook Twitter LinkedIn Google+ Accessories

Vimeo has announced that there is an agreement to acquire the Livestream streaming company. It also launched Vimeo Live, which offers live streaming solutions directly across the platform. When the acquisition is complete, Livestream tools will be available in Vimeo Live. Get Vimeo Live Coupon Now and Save 10% off

Vimeo buys Livestream and new services arrive

The general manager, Anjali Sud, has made it clear that livestreaming is an important element for the company. “Livestreaming is the number one request of our creative community this year and we are focused on bringing this evolutionary level to a new level of quality, convenience and utility,” said Anjali Sud. Livestream is one of the best independent streaming platforms live and is behind more than 10 million events a year, with partners like Spotify, Philadelphia Eagles and Tough Mudder.

Vimeo Live 1080p

The Vimeo Live platform will offer 1080p streaming and videos can be displayed in 4K after the live. Creative 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 livestreaming of users than Netflix

After deleting its plan to offer a streaming service similar to Netflix, the company claimed instead to focus on the creative community. This passage to livestreaming (albeit after its competitors, such as YouTube) and Livestream acquisition are certainly a sensible choice for a company offering video tools for creatives.

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