Mark Zuckerberg Launches TV Service
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June 21, 2018 ( Post 1 )
Instagram has announced a new TV service IGTV that appears designed to lure young viewers away from YouTube and back in the clutches of Mark Zuckerberg .
In this case, Instagram is mimicking Google’s YouTube. Before, Facebook and Instagram have copied Snapchat – another magnet for teens and young adults.
Instagram, now nearly 8 years old, is moving further from its roots as a photo-sharing service as it dives headlong into a longer-form video.
The initiative comes as parent company Facebook struggles to attract teens, while also dealing with a scandal that exposed its leaky controls for protecting users’ personal information.
Instagram, which Facebook bought for $1 billion six years ago, now has 1 billion users, up from 800 million nine months ago.
More importantly, 72 per cent of U.S. kids ranging from 13 to 17 years old use Instagram, second to YouTube at 85 per cent, according to the Pew Research Center.
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