Shutdown

It’s Official – Vine Will Be Shut Down FOREVER!

Farewell! Vine will be closing down in a few months. (Photo: Vine)

Stick a fork in it! Vine is officially dead and buried.

As of writing, Vine is trending #1 worldwide on Twitter – which is the first time it has been trending in a very long time.

Vine website.

So long, and thanks for all the fish, Vine! (Photo: Vine)

Vine Announces They Will Be Closing Down in a Few Months

Vine put up a post over at Medium, and shocked the internet with a big announcement. In the next few months, Vine will be gone. “We will be discontinuing and stopping the mobile app,” they wrote.

At the moment, Vine revealed that they will be leaving the actual website up – like a gallery of Vines. So if you value your Vines, you will be able to download them all for safe keeping. They did not mention how long the site will stay up, but told users that they would make a new announcement if it was going to be removed as well.

Vine announcement.

Vine revealed that it was going to be no more! (Photo: Medium)

Vine thanked all the users and creators. “Thanks for taking a chance,” they said.

Article Continues Below Ad

Why Is Twitter Shutting Down Vine?

As you probably know, Twitter owns Vine. Twitter is currently in turmoil, with tragic earnings reports and large layoffs planned. In fact, they just announced they will fire 350 employees!

Twitter’s stock price has actually lost around 60% of its original value compared to when they first went public. Twitter CEO Jack Dorsey is currently trying to pull out all the stops to correct the sinking Twitter ship.

Twitter.

Twitter is tumbling into an even bigger crisis. (Photo: Getty)

Why are investors so skittish about Twitter? Their monthly active user count (including bots and spam accounts) stands at around 300 million. This might sound like a lot, but it’s way lower than their social media competitors (Like Facebook and Instagram) – and the numbers are dropping.

Jack Dorsey.

Twitter co-founder and CEO Jack Dorsey is under tons of pressure. (Photo: Getty)

Additionally, buyers are wary of purchasing Twitter. It was reported that Alphabet (owner of Google) actually walked away thanks to Twitter’s “limited cash flow”, a “bloated cost structure” and “limited growth”.

Now that Twitter is ramping up their video capabilities, they might have seen Vine as a waste of resources and decided to “trim the fat”.

Hey, at least you still have Musical.ly.

Want to write for us? Click here to apply!

Want updates? Want to comment? Like us on Facebook, follow our Tumblr or Twitter.


Trending

Related Gossip You Might Like

Taylor Swift and Nash Grier.

Taylor Swift Calls Controversial Nash Grier ‘Sweet’ & ‘Talented’

SuperfameDecember 2, 2014
Luke Brooks from the Janoskians.

Janoskians’ Luke Brooks ‘Racist’ N-Word Tweets Cause Controversy

SuperfameApril 17, 2015
Taylor Caniff with Tyler Oakley and Lohanthony.

Taylor Caniff Blasts ‘Bullies’ Tyler Oakley & Lohanthony: “Karma Will Get You”

SuperfameJuly 16, 2015
Is Carter Reynolds bisexual?

Carter Reynolds Responds to Bisexual Rumors

SuperfameSeptember 7, 2015
The Grier family defended Will.

How 6 Different Griers Reacted to Will Grier’s Suspension

SuperfameOctober 15, 2015
Carter Reynolds sitting in a car.

Carter Reynolds Reacts to His Fading Fanbase: “I’m a FLOP Now!”

SuperfameNovember 15, 2015
Cameron Dallas in a bath.

Underwear Model Cameron Dallas Poses for Calvin Klein

SuperfameJanuary 18, 2016
Cameron and Matt.

Cameron Dallas Reacts to Matt Espinosa Shading Him on Instagram

Nick TravisMarch 16, 2016
Colby James, Willie Jones, Taylor Caniff.

Colby James, Taylor Caniff & Willie Jones ATTACKED in Bloody Brawl

Nick TravisJune 1, 2016
BabyAriel and Zach Clayton.

Baby Ariel & Zach Clayton BREAK UP – Here’s Why!

Taylor RomeroJuly 17, 2016
PCA award.

Vote for Your Faves to Win a 2017 People’s Choice Award!

Taylor RomeroOctober 28, 2016
Alex Ramos, Carter Reynolds and Deborah.

Alex Ramos Threatens to Punch Carter Reynolds as He Grinds up on Carter’s Ex-Girlfriend

SuperfameDecember 29, 2014
Carter Reynolds.

Carter Reynolds’ Half-Brother Won’t Lose Teaching Job despite Party Scandal

SuperfameMay 13, 2015
Amanda Steele.

Did Amanda Steele Disinvite Carter from Her Star-Studded Sweet 16 Party?

SuperfameJuly 28, 2015
YouTubers, Viners!

YouTubers & Viners at the 2015 Streamy Awards Red Carpet (PHOTOS)

SuperfameSeptember 18, 2015