Vimeo, the video sharing site, an IAC unit has launched in Spanish and will expand into other native languages, says Kelly Trainor, CEO, in this interview with Beet.TV

Vimeo has two thirds of its traffic from outside the United States, he says.

Trainor explains the business model around the big site which includes display ads but no in-stream ads, subscriptions fees for premium versions of the site and a music licensing business.

More on the growth of Vimeo in this post by Om Malik on GigaOM.

Andy Plesser