Instagram unveils IGTV, a new standalone app for sharing hour-long vertical videos

Instagram has finally cleared the air regarding rumors and reports that the Facebook-owned social network was looking to get more heavily involved in video content. A new blog post on Instagram's website confirms the impending release of Instagram TV, a new standalone app with a focus on long-form, vertical-first video content. As detailed by Instagram in its announcement blog post, Instagram TV -- IGTV for short -- is different from the main Instagram app in a few ways. 'First, it's built for h...