Twitter today announced that rather than shutting down the Vine app entirely as planned, it will be transitioned into a new app called "Vine Camera."
Vine Camera will allow users to continue to make six-second looping videos that can then be saved to the iPhone's camera roll or shared directly on Twitter. No other Vine features will remain.
The Vine app will also be updated with a new feature that makes it easier for Vine users to link accounts to transition from Vine to Twitter, with a tool for allowing Vine followers to follow Vine users on Twitter instead.
Existing Vine videos can be downloaded through the Vine app or the Vine website, and all Vines will continue to be available on the Vine.co site. Vines will be available for download through the app until the transition is made to Vine Camera.
Twitter first announced plans to shut down Vine back in October. Twitter allegedly entertained multiple purchase offers for Vine before deciding to create the Vine Camera app.
Top Rated Comments
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This basically removes the secondary, redundant "Vine" network, which didn't really add much on top of Twitter itself which already supports video.
How they are going to make money with a free Vine video service is questionable at best right now.
Vine as a network is VERY different than Twitter as a network.