Today Instagram (owned by Facebook) announced a new intellectual property policy that will allow it to sell users’ photos with no obligation to pay royalties, ever.
When the new policy goes into effect on January 16, 2013, Instagram will essentially become a massive stock photo agency with no responsibility to the stock photographers to pay for their work.
I think if we’re honest with ourselves, we can say that we all saw this coming. When Facebook bought Instagram for $1(B)illion it was pretty clear that Instagram prioritized a wealthy exit over serving its users and that Facebook was probably going to destroy the Instagram that we know and love.
This is the perfect illustration of why I urge anyone with a stake in the online world (hint: nearly everyone) to buy a domain (despite nauseating advertising, I use GoDaddy) to house all of their blog content, product for sale, pictures, etc.
Remember: If you don’t own it, you don’t control it. (Tweet this)