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They are actively working on Sublime Text 4, but I had the same impression when I checked their website.

They probably don't want people to stop buying ST3 while they're waiting for ST4...

Their license has changed as of last year. You no longer purchase ST3, but a license to ST for 3 years (including updating to ST4), and then freezing on that version of ST when the 3 years are up. They aren't selling software to users with ill intent.

That seems like an aweful model. If ST4 still takes another 4-5 Years until a proper stabel, I'm basically unable to update with a licence bougth today, despite the high price?

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