ByteDance’s video editing app CapCut will stop offering free cloud storage to host creative assets starting August 5.
In the past few days, users have received notifications about CapCut changing its terms for the free tier. Until now, the company used to have 1 GB of free cloud storage — this is going away. You will now have to pay for cloud storage on CapCut.
CapCut offers a $2.49 per month plan for 100GB storage and a $7.49 per month plan for 1000GB storage. This means creators will need to buy extra space or share their files through another cloud service provider.
The app also offered up to five collaborators on one account with the free tier — it is now reducing that limit to two people.
“From August 5th, users will be able to add one collaborator to their CapCut account for free. If users want to collaborate with more people, CapCut offers the Team Tier package, which allows CapCut users to collaborate with more user accounts to use the same cloud space,” a company spokesperson told TechCrunch in a statement.
Earlier this year, YouTube made its CapCut rival Create app available in 13 more markets including Brazil, Spain, Canada, Australia and Hong Kong.
Source : Techcrunch
