Author Topic: Vid.me is shutting down  (Read 244 times)

Offline taxed

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Vid.me is shutting down
« on: December 09, 2017, 06:20:47 PM »
I was bummed to hear about this because it was a platform that seemed to have a shot at being a great alternative to YouTube and provide content creators another platform for monetization.  These guys did a good deed by writing about the challenges they faced in this space and what other up-and-comers can expect.

Back to the drawing board.

https://medium.com/vidme/goodbye-for-now-120b40becafa

Quote
At the time, sharing videos was more difficult than it is today — Facebook, Twitter, reddit, and other large platforms didn’t have native video, it was often impossible to send large files over SMS, and YouTube required sign-in and publishing to your G+ page. Vidme’s simple, one-step video upload drove massive early adoption and traffic.

On a mission to build the world’s most creator-friendly video community, we raised venture funding and quickly evolved the product to support creators with a broader set of tools for publishing, building audience, and monetizing.

The first VOD platform to offer both on-platform tipping and paid subscriptions, Vidme became one of the top 1,000 most popular destinations on the web, reaching over 200 million people annually.

We hosted millions of videos, delivered over 6 billion views to audiences around the world, and our player was frequently embedded by major online publications, including the Huffington Post, USA Today, Mashable, People, Sports Illustrated, and more. Our small engineering team developed infrastructure that scaled to support thousands of simultaneous HD video encodes and hundreds of thousands of concurrent viewers.

Most importantly, our vision for a more equitable and creator-friendly community attracted some of the world’s most talented creators — ranging from first-time videographers with a passion for storytelling to well-established digital stars with millions of subscribers. Some were earning thousands of dollars per month using Vidme’s fan patronage tools, and many found larger audiences than they ever had before. An energetic and diverse community took shape, with Vidme’s most ardent fans creating thousands of videos discussing the platform.

Offline Solar

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Re: Vid.me is shutting down
« Reply #1 on: December 09, 2017, 07:22:04 PM »
That's too bad, we really need a product to compete with youtube, at least one that doesn't censor Conservative speech.
Koolaid is for kids, TEA is for adults

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Re: Vid.me is shutting down
« Reply #2 on: December 09, 2017, 08:34:33 PM »
That's too bad, we really need a product to compete with youtube, at least one that doesn't censor Conservative speech.

Twitch (owned by Amazon) may be the answer.  With Google pulling the YouTube app off Amazon Firestick (I get the popup message now every time I fire it up) they may go head to head.  It's better for monetization, as I understand it.

Offline Solar

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Re: Vid.me is shutting down
« Reply #3 on: December 09, 2017, 08:51:11 PM »
Twitch (owned by Amazon) may be the answer.  With Google pulling the YouTube app off Amazon Firestick (I get the popup message now every time I fire it up) they may go head to head.  It's better for monetization, as I understand it.
Competition is good for consumers. :cool:
Koolaid is for kids, TEA is for adults

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Re: Vid.me is shutting down
« Reply #4 on: December 09, 2017, 08:52:22 PM »
Competition is good for consumers. :cool:

If they open it up to all content creators, not just game streaming, game fuckin' over YouTube.

Offline Solar

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Re: Vid.me is shutting down
« Reply #5 on: December 09, 2017, 08:53:44 PM »
If they open it up to all content creators, not just game streaming, game fuckin' over YouTube.
No doubt. No one wants a nanny sitting watch over your every move.
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Re: Vid.me is shutting down
« Reply #6 on: December 09, 2017, 08:59:32 PM »
No doubt. No one wants a nanny sitting watch over your every move.

Twitch's advertising mechanisms are brilliant.  I just linked mine up with Prime and hoping they go all in.  While Facebook and Google pussyfoot around figuring out who to censor, I'd be over on Twitch spending money and watching content I like.

 

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