As a longtime user of Vimeo (since 2009), I was afraid this was going to happen. I built our own HLS video streaming in-house a couple of years ago and never looked back. Way faster, lightweight player, uses modern apis and codecs.
Now I'm working on productizing that at https://framerate.com/ (beta launches next week!)
Building video streaming is easy. Selling video streaming is difficult.
damn framerate looks good
Nice work. Aren’t there decent open source alternatives though? What do you think your differentiation will be vs. a customer using an open source solution and hosting the video chunks on a CDN - or even S3?