Twitter announced today Vine is no more. Needless to say, the reaction was priceless.
After four years of service, Vine announced that it will no longer be around for the creator community.
The news comes shortly after Twitter, its buyer in 2012, stated that it will slash about 9 percent of its workforce. It’s shocking nonetheless, because Twitter actually surpassed Wall Street projections in the third quarter of this year. Even though Vine reaffirms that no current videos will be affected, it’s still some heartbreaking news. Vine users, like KingBach and Lele Pons, rely on 13 million followers on average, according to Rank Zoo.
Vine’s dark future also had people flocking to Twitter itself to voice their disbelief. After all, Vine’s been a cornerstone for some in entertainment. The news tore so many people up, that, as of 1:30 p.m. ET on Oct. 27, there are nearly two million Tweets in circulation about the news. And for the record, Twitter’s probably not so thrilled about this, either. Vine’s been the little brother to Twitter in terms of increasing a “creator’s economy.”
With all the hulabaloo and panicking going on in the Twitterverse right now, it’s tough not to point out those that think it’s for the best versus those that hate it. Some reactions trekked along the lines of gratefulness, saying that Vine changed their lives. Others are in raw shock and awe because of their dependence on the app that allowed seven second uploads. Either way you slice it, it’s hard to digest.
So without further ado, here’s a recap of some of the reactions about Twitter’s break-up with Vine:
Since Twitter is backing out, it may be the opportune time to snatch Vine up, if you’re an outsider. In some far-fetched predictions, maybe Apple or Facebook will take advantage of the newly-appointed bachelor of streaming. Vine has racked in enough popularity, so why not? It might be wise if either of them try to revive it under their own brands.
According to an article on Quora, Twitter reportedly acquired Vine for about $30 million.