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Twitter is shutting down its Vine video app

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New York - Vine, the three-year-old app that rose to popularity for its six-second video clips, is being shuttered.

 

Twitter, which acquired Vine in 2012 before the app had even launched, announced on Thursday morning that it would be discontinuing the app in the coming months.

 

Over the years, Vine became especially popular with a growing creative community and gave rise to a new class of online stars, Viner, that included Andrew Bachelor, Cameron Dallas, Nash Grier and others. Many of the most popular videos were comedic, featured musical performances or utilized heavy editing techniques.

 

Twitter has offered little information about the size and growth of the app over the years. But in recent years, many of Vine's top creators have abandoned the app, which did not offer an avenue for generating revenue from their large audiences, for more economically viable platforms like YouTube and Instagram.

 

Earlier this year, Twitter announced that it would let some users post longer videos, clips up to 140 seconds, on Vine. It also started to make moves to offer revenue-sharing opportunities for creators.  

 

In a blog post on Medium, Twitter said that it would give users an opportunity to access and download their Vines before the sevice shuts down. It also said it would keep the website up online.

 

"To all the creators out there - thank you for taking a chance on this app back in the day," the company wrote in a blog post on Medium.

 

Souce: http://www.fin24.com/Tech/Companies/twitter-is-shutting-down-its-vine-video-app-20161027


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Bahahaha that is like posting The 7 Best Facebook Alternatives You Didn’t Know About you know full well it's just not the same :P

 

Vine is one of a kind - It seems they are shutting it down since they could not figure out how to monetize the platform despite the large user base so I wonder if we can figure out a business plan if they would hand it over or at least give us a part in it. Although I think it goes deeper than that Twitter's identity crisis killed Vine


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