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Just the Facts, from multiple news sources.

App Used by Millions To Double Its Subscription Price Overnight

App Used by Millions To Double Its Subscription Price Overnight

Summary

CapCut, a video-editing app developed by ByteDance, has increased the cost of its Pro subscription from around $77 to $179.99 per year. This price change, which was not formally announced, could affect many users who rely on the app for video editing tasks.

Key Facts

  • CapCut is a popular video-editing app from ByteDance, the company behind TikTok.
  • The annual cost of CapCut's Pro subscription increased from about $77 to $179.99.
  • The price increase was implemented quietly, noticed by users through in-app changes.
  • CapCut has new plans: Standard, Pro, and Team, with Pro priced at $19.99 per month or $179.99 per year.
  • Previously free features, like some 1080p export options, now require a paid subscription.
  • The Pro plan includes 4K export quality, auto-captioning, and 1TB of cloud storage.
  • Users have expressed mixed reactions to the price hike on social media platforms.

Source Information