Video-sharing social network Beme has been racking up downloads over the last couple of months - since launching on Android in May, it's had between 100,000 and 500,000 downloads. Everything has to come to an end though, as CNN has acquired the company and its co-founder, Casey Neistat. He runs a popular YouTube channel, and will be working on a new network at the media giant, to launch in summer 2017.

Beme is, or was, an app that allowed users to share quick, raw, unedited video to their followers. Many of the users were part of Neistat's online following, but the app has been struggling recently against similar visual apps such as Snapchat or Instagram. This comes shortly after Twitter announced Vine would be shutting down, meaning the web is losing two major players in the video-sharing scene.

The eleven Beme employees will move to CNN, working on the new network with Neistat. There's no word on what this will be, but it's said to be aimed at millennials, using Neistat's personable and likeable style and his "street cred." So that sounds good. The YouTuber ended his daily vlog almost two weeks ago, which had been running since March last year. This has been a major factor in the rise of his subscriber number, which has reached 5.8 million. Neistat will keep control of his YouTube channel and other social media accounts, under the terms of the deal.

Neistat's final vlog, November 18 2016

Beme's final closing date will be January 31st 2017 - until then, you can log in and request an archive of your bemes and reactions.

Via: New York Times, Wall Street Journal

Image credit: Design Indaba