Millions of people around the world are heavily invested in their Instagram accounts and network of contacts on the American social media platform. It’s one of the most popular apps on both iOS and Android, and it’s also considered the defacto photo and video-sharing service by many. With all those positives going for it, is it possible that the application often referred to as “Insta” or the “Gram” might actually be closing down? Stick with us as we answer the question: When is Instagram shutting down?
Is Instagram shutting down in 2020?
It seems that every year rumors surrounding the alleged demise of Instagram, and pretty much every other well-known social media network, gain traction online. Most often they have no significant basis, and that’s seemingly the case once again here. Currently, there’s no official evidence to suggest that Instagram is shutting down in 2020.
The platform has seen a huge amount of growth and success, evolving from a mobile app ran by a team of 13 into a cultural phenomenon boasting 1,000+ employees. Not only that, but Instagram was purchased by Facebook back in 2013 for a cool $1 billion, which, adjusted for inflation, is almost $1.12 billion in today’s money. Following that kind of investment, it’s unlikely that Facebook will be looking to close Instagram down any time soon.
If we look well beyond 2020, it’s possible — likely, even — that Instagram will shut down eventually. All things come to an end and, as new social media platforms and means of networking are brought to fruition, it’s possible that users will begin to migrate. We’ve seen this happen before and, should it happen again, it’s plausible that Facebook wouldn’t want to keep footing the bill of keeping an unsuccessful Instagram afloat. Assuming Facebook itself wasn’t suffering the same hypothetical issues, that is.