Vimeo is planning to launch a subscription streaming service

Vimeo is apparently getting ready to compete against Netflix, Amazon, and Hulu with the launch of its own subscription streaming service. As The Hollywood Reporter points out, interim CEO Joey Levin recently discussed the plans in a letter to Vimeo’s shareholders. "Vimeo has the once-in-a-generation opportunity to, following in Netflix's footsteps, deliver compelling subscription viewing experiences for consumers in the market for pay TV," he wrote.Following in Netflix’s footsteps, k