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Vidme's YouTube-meets-Reddit video service is no more
Video service Vidme is shutting down after almost four years, citing competition from online juggernauts Google and Facebook. The self-professed YouTube-meets-Reddit-style platform boasted 25 million users as recently as last December, which is a blip in comparison to YouTube's 1.5 billion users. Like fellow video also-ran Fullscreen, Vidme is the latest millennial-chasing platform to luck out in its hunt for a niche. The service is wasting no time in disabling sign-ups, video uploads, and paid channel subscriptions, according to co-founder Warren Shaeffer.
