After Success of Camera360, Here’s Movie360 App for iPhone

The Chinese startup behind the successful Camera360 app has launched a new spin-off over the weekend called Movie360, which brings lots of fun and funky filters to your iPhone videos.

In contrast to how the startup – called PinGuo – built up its initial fan-base on Android, this time the new free app comes to iOS first. The Movie360 app has 13 film-effects that you can apply to any videos on your phone, to make them look vintage or LOMO, romantic or comic. Unlike Apple’s (NASDAQ:AAPL) own iMovie, Movie360 won’t edit video files – it’s just a sort of Instagram for vids.

Video-filter apps and social networks could be a new trend for 2012. Already, one other Chinese startup has made a sweet-looking app for this – the iSheHui app for iPhone and Android.

The new Movie360 app is free in the iTunes store but only supports newer iPhone 3G, 4, and 4S models.

[Source: Movie360’s official Sina Weibo page]