In 2013, Adobe changed their entire business model. Instead of selling boxed version of their Creative Suite, they moved everything to the cloud. Now, if you want the newest version of Photoshop, you have to pay monthly for it.
SaaS is ripe for disruption
Justin Jackson

Seems like many companies have made the shift to subscription-based offerings because it’s in their best interest, not customers’. New entrants will emerge who are utilizing the “old” business model and the market will decide which buying mode they prefer. Adobe’s churn rates will tell the story. This story makes them sound like Comcast: