Steinberg Cubase 12 is coming

Steinberg announced Cubase 12 and a change of their license management.

Cubase 12 is coming
The next version of Cubase will bring not only inspiring new features and significant workflow improvements, but it will also be backed by new Steinberg Licensing. Cubase 12 will help you to create faster and focus on your music, with more flexibility on how and where you use Cubase.
Cubase 12 will be released in 2022, but we are starting the grace period today. This means that all Cubase versions activated from today onwards will be eligible for a free update to Cubase 12.

Free Grace Period Update to Cubase 12

Due to the upcoming change to a new, more user-friendly license management system, the release of Cubase 12 will be postponed to 2022. The exact date has not been set yet.
Nevertheless, the Grace Period for Cubase 12 already starts on November 10!
This means that as soon as Cubase 12 has been released, any Cubase 11 license activated after November 9, 2021 can be updated to the corresponding Cubase version (Cubase Pro 12, Cubase Artist 12 or Cubase Elements 12) for free.
A license is considered activated when it has been downloaded via the eLicenser Control Center after entering a valid activation code and saved on a USB-eLicenser (Cubase Pro 11, Cubase Artist 11) or in a Soft-eLicenser on the hard disk (Cubase Elements 11).
We will inform you about the technical details of the free Grace Period Update in due time.

More info here: Steinberg | Cubase 12