This article was originally published by The Hollywood Reporter. “With a world-class brand, exceptional product and thriving community, we are uniquely positioned to define new standards of storytelling and lead the $10 billion video creator market.” Narayan Menon, Vimeo CFO, was paid 4.5 million in salary, bonus and stock options. She also has three million stock acquisition rights (SAR) which vest over the coming years. 1 platform to empower video creators,” she said in a statement. In 2020, Vimeo had a net loss of 51 million on 283 million in revenues.In 2020, Anjali Sud, Vimeo’s CEO, was paid 1.2 million in salary and bonus. “Vimeo is entering an exciting chapter with a renewed focus on the core value that makes our brand special and beloved around the globe - being the No. She held roles at Amazon and Time Warner prior to joining Vimeo. She has been with Vimeo since 2014, when she was hired to lead marketing at the company. Sud will bring extensive experience working with Vimeo’s creators to her new role. In the last year, it has launched new features such as 360-degree video support and other filmmaker-friendly tools.
The company now appears to be doubling down on servicing its core creator partners. But after making several hires, Vimeo ultimately scrapped those plans and dissolved its development team in June. For the better part of the last year, Levin has been touting plans to aggressively move into the subscription streaming space. A deal to fund new seasons of High Maintenance in 2014 set off an original programming initiative that has yielded a handful of shows and shorts. Over the years, Vimeo has dabbled in other businesses. Vimeo Scraps Plans for Subscription Video Service
VIMEO CEO ANJALI SUD FOR FREE
Its library of videos, which are distributed for free and transactional purchase, have amassed an audience of 240 million monthly viewers.
VIMEO CEO ANJALI SUD PRO
Vimeo over the past 13 years has built up a business of more than 800,000 subscribers, who pay to access its pro tools and distribute their videos in its ad-free environment. She’s a natural leader, and I expect she will build a very big business at Vimeo.” He went on to describe her as “creative, confident, aggressive and always thinks of our users first. “Having spent the last year inside the business working closely with Anjali and the team at Vimeo, Anjali has stood out as a leader,” said Levin in a statement.
IAC CEO Joey Levin has been serving as interim CEO of Vimeo as it searched for a new leader. She will now oversee strategy and operations at Vimeo, which saw the departure of CEO Kerry Trainor 13 months ago. For the last year and a half, Sud has been in charge of working with Vimeo’s community as general manager and senior vp of its creator business. The IAC-owned online video platform has named Anjali Sud as its new chief. Vimeo has found its new CEO from within its own ranks.
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