The popular video-sharing service has decided to expand its service to other segments and has now announced that it has acquired Livestream, also very popular live stream service. Not only did Vimeo announced the acquisition of Livestream, but it has also announced its own streaming service.
Called Vimeo Live, the service lets you broadcast events in Full HD resolution with built-in cloud transcoding. Users can also edit and replace post-event video files in up to 4K and sell videos. The base plan starts at $75 per month with 5 streaming hours/month and 3TB archiving storage, while the Business Live plan comes with 5 TB archiving storage and additional features such as live support at $300 per month. The most expensive plan is called Custom live and costs $800 per month.
The Livestream still operates as it did in the past, but it will be merged with Vimeo Live in near future.
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