Broadband Video Start-Up companies.
Vdio is no more, with parent company Rdio deciding to shutter the online video service. The reasons for the closure remain unclear, but it seems that there just wasn’t room for Vdio in an already-crowded market. It didn’t help that Vdio took so long to move from being just an idea to being a legitimate company.
The Short History Of Vdio
Vdio was founded as long ago as 2009, with Skype founder Janus Friis investing both time and money into the venture. Friis had previously experienced failure within the online video spectrum with Joost, but Vdio was going to be different.
Vdio was first imagined as a Netflix competitor, with a streaming subscription service being the planned positioning of the company. For unexplained reasons, Vdio was turned from a Netflix clone into an online video store.
Vdio enjoyed a soft launch in April 2013 for existing Rdio subscribers, with a full launch happening in June 2013. Throughout this time Vdio was still considered a beta, which isn’t surprising given its limited life cycle of just six months.