Instagram launches IGTV, a new long-from video platform, hits 1 billion users | #SocialMedia | Social Media and its influence | Scoop.it

Instagram on Wednesday launched IGTV, a new long-from video platform that gives marketers another way to reach its vast audience -- which now stands at 1 billion users.

The new platform for content creators, which will be available as a standalone app and within Instagram, makes Instagram a more direct competitor with other digital media giants like YouTube as well as traditional media. It also gives Facebook, Instagram's parent company, a fresh channel for advertisers -- Instagram already accounts for a growing portion of Facebook's mobile ad revenue.

Calling IGTV its "most exciting feature to date," Instagram explained that videos on the app are fullscreen and vertical, optimized for watching on a smartphone. Each video can be up to an hour long. Anyone can post their own videos to IGTV via the app or the web and create their own "channel.

 

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