A surprising announcement was made by Vine co-founder and former CEO Dom Hofmann via Twitter on November 30th, 2017. Hofmann tweeted that he is “going to work on a follow-up to Vine.” Hofmann also stated in following tweets that he has received many direct messages and tweets about Vine.
Vine was a popular six-second video sharing app that was bought by Twitter for thirty-million in 2012. Hofmann was the CEO until 2014 when he ventured off to work on his own projects. Twitter announced in 2016 that Vine would be shutting down, as they were struggling with the app and began losing many of its users and popular creators to competitors. In January 2017, Vine officially shut down, but Twitter left the site up so users may look back at the past videos. Twitter then created a Vine camera application similar to how the app worked.
The former Vine CEO is referring to the follow-up as a side-project while working on his unknown startup named Interspace. “I’m funding it myself as an outside project,” Hofmann tweeted, “so it doesn’t interfere with the (quite exciting) work we’re doing.” Hofmann continued to say that Interspace would be his “first priority.” As far as what this side-project will be, no one knows for sure. Hofmann didn’t say anything else about the Vine project except that he would provide us with updates during development.
According to Business Insider, Hofmann declined to provide them with any additional information as to how the app will work, or when it will release. It could be a while before we see any major news or updates.
Surely, we can expect widespread speculation about this new development; whether it will be a full revival of Vine, or another video-sharing app similar to its predecessor. Hopefully, Hofmann won’t leave us in the dark for too long.
(Additional source: https://9to5mac.com/2017/11/30/vine-followup-in-the-works/)