Vimeo acquired live video streaming platform Livestream and is launching a new live-streaming platform called Vimeo Live. With this new platform, creators will be able to capture, edit, stream, and archive their live events in addition to hosting, distributing, and generating revenue from their videos. Vimeo Live will be offered as a set of annual and monthly paid membership tiers across a range of price levels, similar to Vimeo’s other paid membership plans.