Vimeo was bought by the infamous Italian Bending Spoons last year (who previously bought Evernote, Meetup, Wetransfer, Eventbrite). For years Vimeo was a very usable video platform away from the mess that is YouTube. E used it in the past to host videos. My blog links to Vimeo videos 18 times (I stopped embedding things in 2020 to avoid the tracking that comes with it).
Bending Spoons now seemingly doing away with all video-savvy staff at Vimeo does not bode well for its future as a service. Relocation of whatever you may have at Vimeo seems advisable. Bending Spoons has repeated this pattern across all their acquired digital services: extreme cost cutting, raising annual subscriptions, while maintaining the status quo. (via Stephen Downes)
The news comes just months after the Italian tech holding company Bending Spoons bought Vimeo for $1.38 billion last year.
Gizmodo
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