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A recent&nbsp;<a href="https://www.cnbc.com/2018/06/20/instagram-is-taking-on-youtube-with-long-form-video.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=cnbc-instagram-crosses-1-billion-monthly-active-users-unveils-long-form-video-2706917" target="_blank" rel="nofollow" target="_blank">CNBC article&nbsp;</a>announced that Instagram now has 1 billion monthly active users, up from 800 million users reported in September. Due to the large audience, the social media platform continues to evolve to challenge other social sharing platforms such as&nbsp;Snapchat&nbsp;and YouTube.&nbsp;Instagram co-founder and CEO Kevin&nbsp;Systrom&nbsp;recently announced the rollout of&nbsp;IGTV, a video hub that will be launched by creators and influencers on the platform.&nbsp;

On&nbsp;IGTV, videos can be up to 60 seconds long and will be formatted for mobile consumption.&nbsp;Shows created on&nbsp;IGTV&nbsp;will be curated into channels, similar to&nbsp;Snapchat&#39;s&nbsp;discover feature. The hub will be a space for all users but is intended to further establish the app&#39;s influencer community.&nbsp;

<a href="https://www.cnbc.com/2018/06/20/instagram-is-taking-on-youtube-with-long-form-video.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=cnbc-instagram-crosses-1-billion-monthly-active-users-unveils-long-form-video-2706917" target="_blank" rel="nofollow" target="_blank">Click here</a>&nbsp;for the full story.&nbsp;

CNBC: Instagram crosses 1 billion monthly active users, unveils long-form video

1851 Franchise

The social media app continues to evolve to compete with Snapchat and YouTube. 

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TruBlue Home Service Ally

TruBlue’s Home Maintenance Plans: Peace of Mind for Homeowners

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Caring Transitions

Caring Transitions Targets Peoria, Illinois, for Franchise Growth

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Caring Transitions Celebrates a Strong Start to 2025 With 19 New Franchise Sales and Momentum-Building Training Events

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Right at Home

Right at Home 30th Anniversary in Home Care with Right at Home Logo

Celebrating 30 Years of Excellence and Future Innovations in Home Care

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CNBC: Instagram crosses 1 billion monthly active users, unveils long-form video

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