After acquiring Livestream late last year, Vimeo quickly began offering its own products and services geared towards live streaming, expanding its arsenal of content creation tools. Mark Kornfilt, the CEO of Livestream who transitioned to leading the Live division of Vimeo, stopped to talk to us about several new developments.
First was the addition of live streaming into their OTT (over-the-top) service, allowing subscription-based creators to add live streaming to their repertoire. The second was a MacOS desktop application that would allow creators to manage their Vimeo accounts outside of their browser as well as integrating into Final Cut Pro. The third was a CDN (content-delivery network) that would use P2P techniques to alleviate streaming bandwidth bottlenecks.
The last announcements related to their live video editing products. Studio 5, their subscription-based live editing software (75/month or 799/life), was released in beta with a stable version expected within a few weeks alongside a new hardware interface.
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