Patreon is building a video hosting solution and native player. CEO Jack Conte confirmed the project to The Verge, alongside news that he is joining many executives before him in launching a podcast called The Creator Economy.

“We already host podcasts, and now we’re starting to host video, as well,” he says. “We’re building a video product ... So in terms of how we’ve approached our strategy, and what exactly it is that we’re building, we’re building the horizontal architecture for any creator, no matter their medium, or no matter the upload format, to be able to build a business around their work.”

Conte didn’t share more details on the product, but it’s presumably a way for creators to host and share video without leaving the platform.

Youtube is hosting most videos made by creators now, but Vimeo also gets nice money. Considering horrible shape of dying Vimeo hosting it can be final blow.