Seems like there has been a lot of news coming out of Adobe recently. This one could be huge for the online photo editing market. Adobe has plans to offer a free (ad supported) online version of Photoshop in 6 months. Story by Martin LaMonica and Mike Ricciuti for CNET.

Adobe to take Photoshop online

…the hosted Photoshop service is set to be free and marketed as an entry-level version of Adobe’s more sophisticated image-editing tools, including Photoshop and Photoshop Elements. Chizen (Bruce Chizen, Adobe CEO) envisions revenue from the Photoshop service coming from online advertising.

Chizen said that although hosted Photoshop is meant to be a low-end product, the company intends to ensure that it is of a higher quality than free alternatives.