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September 9, 2013 05:25 pm GMT

Instagram Plans to Introduce Ads Within the Next Year

Instagram

Enjoy your ad-free Instagram feed while you can: Instagram plans to introduce ads in the next year, according to a new report.

The Wall Street Journal spoke with Emily White, Instagram's director of business operations, who revealed that the photo and video-sharing service is laying the groundwork to begin selling ads within the year. "We want to make money in the long term, but we don't have any short-term pressure," she said.

See also: 12 Most Cliché Photos on Instagram

Facebook, which acquired Instagram in 2012 for roughly $750 million, has previously teased the idea of introducing ads on Instagram to justify its investment, but never with a firm timeline. Read more...

More about Facebook Ads, Instagram, Business, Advertising, and Facebook

Original Link: http://feeds.mashable.com/~r/Mashable/~3/fae-8vSkm2E/

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