The app organizes user photos by location and time and creates specialized photo/video collages that users can edit or arrange. The collages can then be shared via Facebook or email as well as be available on the Story.us website.
The Next Web notes that the app is intended for families with young children with a focus on sharing special moments so sharing, for now, is limited to more closed social networks like Facebook, but that Disney is looking at expanding sharing options to networks like Twitter and Google+ in the future.
Story for iPhone is available for free in the App Store. [Direct Link]