It seems strange that Vimeo has this policy when they're way behind YouTube in market share and mind share. Are they really so desperate for money that this is necessary? If so, they should surrender to YouTube, give up, and go do something else.
Vimeo is going for a different market. It's like YouTube except for artists and creative people (not that YouTube can't be used for this.) And they seem to be doing just fine with that.
It's like Flickr for videos :)
Is that meant to be a compliment or a jab? I love Flickr, but it's clearly dying on the vine at this point.
Yeah, it used to be a compliment. Too bad about Flickr. I don't know about Vimeo either, I haven't seen much movement from them lately.