Mediafire now offering 1TB cloud storage for $5, early birds get 50% off

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1tb, cloud backup, mediafire

A few weeks after Google drastically dropped the price for storage on Google Drive, offering 1 TB for just $9.99 a month, popular online file storage service Mediafire is announcing that it will be offering 1 TB cloud storage for just $5 a month.

The company also announced the launch of their brand new desktop app, and they are celebrating it by giving new users a 50% off deal. This effectively means that early birds can now grab the same 1 TB cloud storage for just $2.50 a month -- definitely a steal.

"As an added bonus, for a limited time, MediaFire is offering half off all storage plans, enabling new users to sign up for just two dollars and fifty cents per month!," a company spokesperson told WinBeta.

Mediafire has also removed file-size upload limits, allowing both free and paid users to upload individual files up to 20 GB in size. Updated Android and iOS apps are also on the way, and will be available over the next few weeks.

Although it will be not easy for the company to compete with the likes of Dropbox, Google Drive, and Amazon Cloud Drive, its new price structure is definitely attractive, and seems to be a step in the right direction.

The company currently offers 10GB storage for free, and claims to have 33 million active registered users. If you don’t have a Mediafire account yet, feel free to head over to Mediafire.com and sign-up.

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