As I said on Twitter:
Who da thunk after paying $1B for #Instagram that #Facebook would now
want to monitize it? Besides "everybody", I mean.

One opinion to the latest news is that if you are going to use a free
service you should expect them to be able to make money off of their
service (YOU) somehow:
http://www.zdnet.com/so-instagram-can-now-sell-your-photos-get-over-it-7000008960/
That article also links to a couple of services that help you to
download your items from Instagram if you want to preserve them and
then terminate your service with them.

I don't use Instagram, so this does not affect me directly, but it is
one more (significant) application of downward pressure to stock
photography prices (something that seems to be going the way of print
newspapers). So for anybody who makes an income off of stock
photography this is not good news (any more than Getty's collaboration
with Flickr was really good news in that regard).

In a larger sense, this highlights the problem inherent in any Terms
of Service that can change significantly with little notice to their
users. Facebook has a particularly egregious history in this regard so
it figures that anything they takeover is going to be afflicted by the
same disease. I fear that it is a trend that will only accelerate with
other services looking for ways to increase the bottom line.


On Tue, Dec 18, 2012 at 9:07 AM, Bong Manayon <[email protected]> wrote:
> Under the new policy, Facebook claims the perpetual right to license
> all public Instagram photos to companies or any other organization,
> including for advertising purposes, which would effectively transform
> the Web site into the world’s largest stock photo agency.
>
> http://www.slrlounge.com/instagram-now-has-the-right-to-sell-your-photos
>
> --
> Bong Manayon
> http://bong.manayon.net
>
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