Gfycat.com shuts down on September 1 and all Gifs will be taken down - gHacks Tech News
Popular animated gifs hosting service gfycat.com is shutting down on September 1, 2023 and all hosted content will no longer be accessible at that point.
https://www.ghacks.net/2023/07/02/gfycat-com-shuts-down-on-september-1-and-all-gifs-will-be-taken-down/Open linkView original on kbin.social
@yesdogishere Time for a federated gif service! #federateallthethings
It didn’t say why. Are they just sick of running it? Is it hemorrhaging money? It’s practically a household name!
More likely they bought it to shut it down. Probably cheaper than allowing a potential competitor to survive.
That's what a lot of companies do.
For those wondering: redgifs, which was started after snapchat banned nsfw content on giphy, is now owned by a different company.