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Do I lose my Photoshop if I register to Creative Cloud?

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Before Creative Cloud became available, I heard complaints from people saying that instead of being able to pay a price once and have Photoshop, you will have to pay a "subscription". If I register to Creative Cloud, will I be able to continue using my Photoshop CS6?

 

Also, if I ever want to upgrade to a newer version, will I have to use this subscription method? Does that mean I'll have to pay a monthly/yearly fee to use Photoshop?

 

Thanks.


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