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.
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@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!
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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.
