IAC’s Vimeo to Launch Consumer Subscription Video Service

TechCrunch: Vimeo is preparing to take on Netflix, Amazon, YouTube and others with the launch of its own consumer-facing subscription service, the IAC-owned company announced. In a shareholder letter, Joey Levin, IAC CEO and interim Vimeo CEO, detailed Vimeo’s plans to more broadly compete in this space, while also differentiating its service from existing subscription players.