https://www.recode.net/2017/8/2/16086880/vimeo-subscription-video-service-explanation-iac-barry-diller-joey-levin >Vimeo spent years insisting that it was going to launch a subscription video service just like Netflix, YouTube and many others. Then, in June, IAC’s video unit abruptly announced that it wasn’t going to do that, after all. >What happened? IAC never formally explained, but it was relatively easy to guess: IAC’s Barry Diller and his lieutenants decided that it would be really expensive to compete with Netflix, YouTube and many others.