Katch.me is shutting down on May 4, 2016

They made their announcement yesterday on Periscope. Here is the link:https://twitter.com/KatchHQ/status/722870609777176576
You can watch the periscope stream during a few hours. Direct Periscope link here: https://www.periscope.tv/w/aeZ_VTc4Nzk0NjR8MW1yeG1MRE1wWlZKeURzJM_ily9rj-tvV53hSsPcHCtMVT2CDefXY6k-QT-o

Here is the beginning of their speech to explain what happens:
What?! What happened?
We got very, very close to a big round of funding with amazing investors. But in the end, we were unable to secure the financial resources we needed to continue…
The complete Medium article from Katch here:https://medium.com/@katch/farewell-to-katch-43d7e933bdd3

They wrote a big article but we will don’t know much more than that. 
I think they took time to write such a long article because they are concerned about their users. In the comment of this article you can read that users still don’t understand why and some want this to be not true, some others are still looking for a solution.

Katch was born between Meerkat and Periscope in 2015. During 12 months Periscopers and Meerkaters could record their streams directly on their platform. They had to put #katch in their title to do it. I didn’t know this service until yesterday. I checked the Katch.me website and i am amazed to see that many great webcasters & influencers were using this platform for unique recording of their works
If some of them didn’t make any copy of their works. It’s a huge mistake. If you are a professional you have at least two copies of your work.

How about you? Don’t tell me you never do that. You put your work on Drive, onDropbox, iCloud, so on… with no others backup? What’s happen if one or several servers crashes? It’s your business, you need to have your data back. 
For the Katch.me platform it’s ok you have until May 2nd to recover all your stuff but have you still the time to do it? One complete year? This is crazy. 
You maybe have not enough time to do it.

Nobody thinks about the ressources Katch has to commit to maintain their servers and databases online and functional. A large amount of download are going to start, a complete year. This is huge and needs important resources that means money. Did they think about that before they made their announcement. I’m not sure about it. Maybe it can be compare to a complete week or more to stay online, in the market place and the same time to make new research for new investors? In this kind of situation every day and even every hours is so important. 
However i’m still thinking that they made everything they could to maintain their platform online. Thanks Katch for this great adventure
I know that i just discovered it but i’m going to browse your online videos right now and start a few stream.

Here is the Shutdown Schedule available since yesterday on their homepage

Today

April 22nd, 2016

  • Katch will stop saving your Periscope and Meerkat videos.
  • Katch will stop posting videos to Twitter & Facebook.
  • The #katch hashtag will no longer work.

May 2nd, 2016

  • Last chance to use the export to YouTube tool or download a full archive of your videos.

May 4th, 2016

  • All remaining Katch services will discontinue.
  • All embedded Katch videos will no longer play.
  • All your videos on Katch will be permanently deleted.

Twitter: https://twitter.com/KatchHQ

Website: https://katch.me/

2016 © Rémy Bournoville.

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