In that world nobody should ever ever sell a lifetime license, it's a huge responsibility with strictly limited upside. Imo "Use the current-ish version forever" is the only reasonable expectation, and that's a fair trade.
It's expectations like this that drive subscription models. People do (quite reasonably) want ongoing support and updates, but that takes continual work, so the only way to make that possible is to somehow provide ongoing funding.
I have since gotten Mediamonkey 4 and Mediamonkey 2024.
Unfortunately I don't like the 2024 refresh, but I can use it if I want to. I would also be completely happy if they just did maintenance/bugfixes on the original version.
I don't know when the OP bought his app, but the pricing page from a year ago doesn't say anything about the lifetime purchase being a subscription at all, much less a subscription that includes every new feature in perpetuity.
https://web.archive.org/web/20240712162421/https://www.goodn...
Not really, perpetuities have existed for a long time in finance, even longer has the concept of ‘time value of money’ existed.
You can turn $3m in revenue today into a US treasury bond portfolio that delivers $120k a year. That’s enough to pay for maintenance and minor development of new features.
You can also say: I’ll just charge 120k a year in fees infinitely. But it has the same present value (see time value of money) as 3m today. These worlds are interchangeable, only in the upfront world there is no risk that some of your customers walk away at some point making further upkeep untenable for the remaining customers.
Updates should be free, but upgrades don't have to. That's how it worked with software previously. Sometimes you could buy older version of e.g. Office used, and that part we lost with downloads and app stores.
The app store model just sucks for every one. Developers needs to resort to subscriptions, because upgrade pricing isn't supported. Consumers are confused, because why are there multiple versions of the same software?
One issue I do see in this case is that Goodnotes aren't offering a subscription free alternative. That might be due to the AI feature. If that isn't running on device, then that's a recurring cost they placed on themselves.