CoolCut Video Editor Adjusts Prices

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**FOR IMMEDIATE RELEASE: June 27, 2024**

### CoolCut Video Editor Adjusts Prices

**San Francisco, CA, June 27, 2024** – Coolcut, the renowned video editing software, has announced a significant price adjustment for its monthly membership. Effective June 15, 2024, the monthly subscription fee will increase from $3 to $10. This price change reflects the company’s commitment to continuous improvement and the incorporation of new, advanced features.

In a statement on their social media platforms, Coolcut officials explained that the decision to raise prices was driven by recent functional updates and the impact of inflation. “We understand that this is a considerable increase,” said Mrs Fang, Chief Technology Officer of Coolcut. “However, this adjustment is necessary to support the enhanced features and improvements we’ve integrated into the platform. Our users can now enjoy more robust tools, greater stability, and a superior editing experience overall.”

**Enhanced Features Justify Price Increase**

The new pricing structure brings with it a host of advanced features designed to enhance the user experience. Recent updates include:

– **AI Voice Integration**: Users can now generate realistic voiceovers directly within the software, eliminating the need for external recording equipment and simplifying the editing process.
– **AI Automatic Subtitles**: This feature automatically transcribes speech and generates accurate subtitles in real-time, ensuring accessibility and saving valuable time.
– **Automatic Background Replacement**: With advanced AI algorithms, users can now seamlessly replace backgrounds without a green screen, allowing for creative and professional-looking videos.
– **Enhanced Stability and Performance**: Significant improvements have been made to the software’s stability, reducing crashes and ensuring a smoother editing experience.

These updates are part of Coolcut’s broader strategy to remain at the cutting edge of video editing technology. “Our goal is to provide our users with the best possible tools to bring their creative visions to life,” said Mark Johnson, CEO of Coolcut. “The new features and improvements are a testament to our commitment to innovation and user satisfaction.”

**Addressing Inflation**

The price adjustment also reflects the impact of inflation on operational costs. By increasing the subscription fee, Coolcut aims to maintain the high quality of its service while continuing to innovate and support its user base. “Inflation affects us all, and in order to continue offering top-notch service, we need to adjust our pricing accordingly,” added Jane Smith.

**Commitment to User Support and Development**

The additional revenue from the price increase will be reinvested into further development and user support. This includes:

– **Continuous Feature Updates**: Ongoing development to introduce new tools and functionalities based on user feedback and industry trends.
– **Enhanced Customer Support**: Expanded support services to assist users with any issues and ensure a smooth editing experience.
– **Community Engagement**: Initiatives to engage with the user community, including tutorials, webinars, and interactive forums to help users maximize their use of Coolcut’s features.

**How to Get More Information**

For more detailed information about the new features and pricing, users can visit Coolcut’s official website at [Coolcut](https://coolcut.tv). Additional resources and updates are also available at [Coolcam](https://coolcam.coolcut.tv).

**About Coolcut**

Coolcut is dedicated to providing powerful and user-friendly video editing tools. Founded in 2018, the company has consistently innovated to meet the evolving needs of content creators around the world. With a focus on integrating advanced AI capabilities and maintaining an accessible interface, Coolcut strives to empower users to create high-quality video content effortlessly.

**Contact Information**:
Coolcut Inc.
WANZICHAO Room 302, No. 59, Jianzhong Road
Guangzhou, Guangdong
18122308532
[Coolcut](https://coolcut.tv)

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