In a brief state of affairs video address shared to his personal social media accounts, Instagram chief Adam Mosseri provided a window into future developments at the platform, as well as how Instagram sees itself going forward philosophically — though he didn’t introduce any new products per se.
Right now, Instagram is focused on four key areas of growth, Mosseri said: creators, video, shopping, and messaging. That said, his latest update squarely focused on the platform’s video ambitions, given that so much competition abounds in the space, including TikTok and YouTube, which Mosseri called out specifically.
“We’re no longer a photo-sharing app,” Mosseri said. “The number one reason that [people] say they use Instagram in research is to be entertained.”
“We’re also going to be experimenting with how to embrace video more broadly — fullscreen, immersive, entertaining, mobile-first video,” Mosseri expounded. “And so you’ll see us experiment with a number of things in this space over the coming months. We have an idea of where we want to end up, [but] this isn’t something that we can just do overnight. So you’ll see us iterate and try and be very public about what we’re doing and why with videos like this one.”
Peloton is dismissing a chunk of its workforce, including its top executive. Barry McCarthy announced that he is…
Meta is looking to improve creator and brand experiences on its platform by investing in AI. The…
Bob Does Sports, the self-dubbed home of "brilliantly dumb sporting adventures" hosted by Robby Berger,…
Influencer marketing agency Billion Dollar Boy is launching a new membership community that's "dedicated to…
Welcome to Millionaires, where we profile creators who have recently crossed the one million follower…
Welcome to Creators on the Rise, where we find and profile breakout creators who are…