LOS ANGELES – Software giant Adobe has ditched the boxed software business.
The company, which makes costly imaging and design programs aimed at pros, including Photoshop, Premiere and InDesign, said Monday that all new versions of its programs would be available by subscription only.
In 2012, Adobe introduced Creative Cloud, a new subscription service to offer its programs to customers with a monthly fee.
The result: some 500,000 now pay from $10 to $50 monthly for access, and Adobe says there’s no turning back.
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