Washington Post: Instagram now has its own version of YouTube

Washington Post: Instagram now has its own version of YouTube. “Social media network Instagram made a more aggressive push into the “media” side of its business Wednesday, hosting a splashy launch for a new service for long-form video called IGTV. Several celebrities with prominent social media accounts joined Instagram chief executive Kevin Systrom to kick off the new platform. The launch party, in true tech industry fashion, featured colored lights, loud music and photoworthy scenes set in the alcoves of a former Honda dealership — located steps away from a homeless encampment in the heart of San Francisco.”

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