Magix reps tell me the product is in active development, with monthly new updates. The subscription option lets you download 20 clips from a library of 1.5 million royalty-free stock video and audio assets and gets you 20GB online storage for uploading mobile media, and all interim updates. At the time of writing, subscriptions start at $7.99 a month, and the perpetual license is $199. Note that these prices are often discounted. Formerly you were looking at $599 to get the software, but now you can subscribe for $12.99 per month for an Edit level subscription or buy it outright for $249. Magix has been working to improve the user interface so it's more appealing to serious amateurs and to make the pricing more palatable for that audience. As such, Corel VideoStudio and CyberLink PowerDirector, remain our Editors' Choice winners for enthusiast-level video editing software. The latest Vegas Pro begins to see some fruits from those efforts, but it’s still one of the more complex options-enough so that amateur hobbyists may find it challenging.
In recent versions, the developers behind Vegas have started to overhaul the application to deliver a more user-friendly, high-level video editor. Until now, Vegas Pro had been held back by overwhelming interface complexity, so only serious pros needed apply.
Vegas is a longstanding name in the video editing software space, originally developed by Sony but now overseen by Magix.