Vimeo is a video-sharing site, a unit of Barry Diller's IAC, which is going to announce sometime this week that it will start distributing videos with a high-definition resolution of 1280 pixels by 720 pixels. That definition is the standard of the high-def industry.
To put that in contrast to video-sharing sites like YouTube, it is four times the resolution of 320x240 used by them.
When you see movie trailers, they are offered in high-definition, to give you an idea of the quality we're talking about.
This will be the first site to offer high-def video to user-generated video. It works good for Vimeo because its core audience is mostly amateur filmmakers; different from those you take any type content and upload it to the Internet.
Vimeo founder Jakob Lodwick said concerning their core users: "Our audience completely rejects the notion that Web video needs to be a lower quality than television."
Vimeo has a core base of 250,000 registered users and about 900,000 unique monthly visitors. They claim a video library of over 300,000.
This strategy will probably pay off good in the short term for IAC and Vimeo. The prices of HD camcorders are dropping in time for the Christmas holiday, and that will put Vimeo in position to be the first one to offer the service. It could result in a nice bump of new registrations and unique visitors.
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