CapCut will discontinue giving free cloud storage on August 5

Bytedance's video editing app CapCut will stop offering free cloud storage for hosting creative assets starting August 5.

Over the past few days, users have received notifications that Capcut has changed the terms of its free offer. 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 a team tier package that allows CapCut users to collaborate with more user accounts and share the same cloud space," a company spokesperson said in a statement to TechCrunch.

Earlier this year, YouTube made its rival app, Create CapCut, available in 13 more markets, including Brazil, Spain, Canada, Australia and Hong Kong.