If you don't update, you won't get any new free samples.
You can now choose the free samples yourself, from a pool they let you choose from (meh), which is probably the only good news.
Here's a copy&paste from the little window you see before upgrading from within Loopcloud 4.
I highlighted the relevant bits for your convenience.
Promo video for those of you who don't know Loopcloud:Loopcloud 5 - Everything is possible - upgrade now
Essential information for Loopcloud 4 users
What's new? New UI; waveform previews; faster, better search; product search; multi-track editing; metering; effects; better undo; compact mode; faster audio loading and a lot of bug fixes.
But you should also know about...
Subscription
Loopcloud is still available free. But subscribe and get access to our 8 track editor, effects, cloud storage, VST instruments, more free content, saving patterns and points to use for new sounds each month. Read more at loopcloud.com.
Not ready to subscribe? Then you'll be pleased even the free version is probably the best sample manager available.
Note that free-users can no longer save patterns created in the editor. But that's the only new restriction, and we've added loads of presets so hopefully it is not a terrible hardship.
Home screen changes and combined search
The store and user library are better integrated.
The store appears when you open the app. And the (faster, better) search box searches your library and the store simultaneously.
Miss the old view? Click the 'user library' button (or configure a shortcut in Preferences).
We think, especially as a subscriber with points to spend each month) the combined approach makes more sense than separate store and library searches. You can more likely to get new results you've not heard before.
New inspiration content
Instead of us picking sounds for you: select ANY pack and find free content.
Free users can choose 5 free sounds a day, but that number increases with each subscription level (see loopcloud.com for details).
Want to browse all the free content, just type 'fr' into the search box and select the free tag from the menu that appears.
Your old free content is in the old NEW INSPIRATION FROM LOOPMASTERS folder but the folder may have moved into alphabetical order with your other folders and won't be at the top of your library any more.
Dark theme
We've gone for a fresh light look to the app.
If that spoils the dim ambience of your night-time creativity you'll be pleased to know a dark theme will be available in a few weeks.
Points change
We are simplifying the pricing. The price of samples will be reduced and your current points balance will be reduced too. But it works in your favour: you'll be able to buy more content with your existing points.
The only radical change is that if you don't subscribe you can no longer buy more points. If you want to pay-as-you-go though you can still buy packs on loopmasters.com and they will appear in Loopcloud.
Feedback
Any problems with it drop us an e-mail to support@loopmasters.com or there's Loopcloud facebook group you can post on. Do I need to update?
You should update.
But if for some reason you aren't ready to upgrade, Loopcloud 4 will continue working as your sample manager but without new free inspiration content and support.
And at some point in the future the store will be disabled for LC4 users (it uses old slower technology that isn't needed for Loopcloud 5).
Find out more about Loopcloud 5 at www.loopcloud.com