Anjali Sud, former CEO of Vimeo, has been appointed as the new CEO of Tubi, Fox Corp.'s ad-supported streaming TV service. Sud will officially assume the role on September 1, 2023, succeeding founder Farhad Massoudi. Tubi is one of the leading free streaming TV services in the US, with 64 million monthly active users and a wide content library. Sud's appointment comes after her departure from Vimeo, where she implemented cost-cutting measures and oversaw the company's growth. She is expected to lead Tubi into a new era of creativity, growth, and market leadership.
Vimeo is integrating new AI tools for paying users, including an AI script generation feature powered by OpenAI’s tech. The tools will be available from July 17th to users paying for Vimeo’s “standard plan” and up (with prices starting at $25 a month). The script generator generates scripts “based on a brief description and key inputs like tone and length.” Vimeo is hoping the tools will help position it as an “all-in-one resource for video production.”
Vimeo has announced a suite of AI-powered tools to help users create scripts, record footage using a built-in teleprompter and remove long pauses and unwanted disfluencies from recordings. The tools are aimed at entry-level video creators who lack the skills, time and resources to achieve the effects they want. Vimeo's new script generator uses generative AI to create a video script based on a brief description and key inputs, such as tone and length. The teleprompter tool offers a script display that can be customized with different font sizes and pacing, while the text-based video editor automatically identifies and deletes filler words and awkward pauses.
Vimeo is ending support for its TV apps on Android TV, Apple TV, Fire TV, and Roku devices on June 27th. Users will have to stream from a mobile device using Apple AirPlay or Google Cast to watch on their TV screens. Vimeo believes that casting via their mobile app will provide a better experience for users. Content purchased via Vimeo will still be available.
Vimeo is discontinuing support for its TV apps on Apple TV, Android TV, Amazon Fire TV and Fire TV Stick, and Roku as of June 27, 2023. The company suggests that users cast videos via its mobile app for a better experience. Vimeo's revenue fell 4% YoY to $103.6 million in Q1 2023, and it laid off 11% of its employees in January to cut costs. Vimeo's videos can still be displayed on internet-connected TVs by using Vimeo's iOS and Android apps or a supported web browser to cast them via Apple AirPlay and Google Chromecast to compatible televisions.
Vimeo will no longer support its TV apps, including those for Android TV, Apple TV, Fire TV, and Roku devices, from June 27th. The company will no longer update or make the apps available in app stores. Instead, users will have to stream videos from their mobile devices using Apple AirPlay or Google Cast. Vimeo claims that casting will provide a better ongoing experience and that TV apps are no longer a priority for the company.
