However it seems that one company could be interested in acquiring them: Pornhub. As Noriega writes in Newsweek, “Vine was arguably the best social media network for artists because it created its own rules and stuck to them doggedly, and nothing inspires creativity like a good challenge”.
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As you may or may not know, Twitter made a decision to shut down Vine.
Instagram adding video in 2013 stunted its growth, and the rest of its product just didn’t add features quickly enough.
The rationale behind the closure remains unknown, however, what is known is that “Vine” – which lets people share six-second-long looping video clips – will cease to exist in the following months.
Twitter is killing Vine video sharing app as it reduces costs and head count.
Interestingly, one company has stepped forward to purchase Vine, a fairly unlikely company too… Could this be foreshadowing an inevitable demise of Snapchat?
The creator of Vine, Rus Yusupov, took to Twitter to comment on Vine’s fall in a single tweet. Some remained loyal, but others knew Vine wasn’t realistic if they truly wanted to be Internet celebrities. Some users have already jumped ship to rival platforms. The service was popular with members of the microblogging site and spawned several so-called “Vine stars”, attracting millions of followers. According to The Verge, a source said significant employee exits hit the mobile app today.
Twitter is now going through some major restructuring at the moment as it tries to overhaul its core product.
Even if Twitter stays independent, drastic changes might just be what Twitter needs to be competitive with Facebook, Instagram and Snapchat.
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“We’re grateful for the opportunities that Vine has provided for Collab and our creators”, the company said in a statement, “and have always been amazed by the talent and creativity on the platform”. So at least for now, we can still watch our favorite Vines over and over and over again.
