Not sure how many of you have heard about this but earlier this year, Adobe made an announcement that their software lineup will now be available on a subscription-based model from now on. Adobe CS6 will essentially be the last physical-based software from Adobe. If you want to get your hands on their latest software's, you have to pony-up a monthly fee (prices range depending on how many software's you use) or a yearly fee.
There's an article here but essentially, the pro's and cons are:
-Always get the latest version of your software
-Everything is in the cloud so you can access your files on the go
-You don't have to buy two versions; software is available for use/installation on both PC and Mac.
-Monthly fee is (so far) reasonable (for example, Photoshop is $30USD a month or $240 a year)
-Bad deal on those with small budgets (small studios, students, start-ups) who can only upgrade every other or third year (if ever)
-If you stop your subscription, you will not be able to use the program anymore
-You can access your files but you will not be able to edit them because of above reason
-Subscription price may increase in the future at any time at Adobe's whim