Reportage

The New York Times Is Worth Less Than Instagram At $950 Million

In Photography News on May 2, 2012 at 12:32 PM

 

It has dozens of competitors, but Instagram stands out for its fast ascension and almost cultlike following.

I find below scary and almost unfathomable:

JENNA WORTHAM says in her piece in the The New York’s Times blog – BITS, “It has 30 million users who upload more than five million photos a day, even though it was available for only Apple devices until last week, when the company released an Android app”.

30 million users 5 million photographs a day.  Extraordinary.                                                                                                           

Instagram has only been in existence for two years and Facebook have just bought it for 1 Billion.

The democratisation of photography. More people are making more pictures now then any other point in the history of photography. But the question beckons, is it a sea of mediocrity?

Read Jenna Wortham’s full story here in The New York’s Times blog – BITS

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