Avid has released version 12 of its Pro Tools audio post-production software.

The new version features new payment options including subscription from $24.99 (£16.80) per month, an annual subscription from $299 (£200) or an outright purchase price of $899 (£607). Pro Tools 12 will provide users with access to forthcoming Avid Cloud Collaboration, Avid Marketplace and Avid Artist Community initiatives.