Instagram, [Facebook] has issued a change in their Privacy Policy & Terms of Service, which will be effective as of January 16th, 2013. Facebook, owners of Instagram, have officially moved in as owners and have already shown presence. Their new policy gives them ownership rights of your photos to then use for financial gains. Hit the jump to find out what they’re changing.

Tat Wza

Instagram, owned by Facebook

Basically, Instagram has put its users in a position where they could simply delete their account [ the only form of ‘opting out’] or remain a user where their pictures could be licensed to companies or organizations for promotional reasons. For instance, YouTube advertises on their site around videos submitted by users. Get a certain amount of views, or drive viewers their way, and theres a financial reimbursement. This is taking that right away completely, leaving there no opportunity for the person is actually responsible for the images. Looks like Facebook is having a major influence. Good or Bad? What do you think? No big deal? Or you hitting the App Store now for other options? Let us know in the comments below !!!

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