DaVinci Studio License Terms?

I was thinking of purchasing Studio during your Black Friday deal. I have been searching your site, but cannot find any information on what the License terms are. Is this a perpetual license that will include all future updates?
For so much software these days, you purchase it to only find out that it is a one year License, or they come out with a "New" Version a year or two later that is not included in your license and you need to repurchase/subscribe to the software or lose out an any new features added. (**Cough Adobe)
I think it is a brilliant move on Blackmagic's part to offer an almost fully functioning version for free. They are basically creating a trained workforce who would likely be dedicated to their software. I believe purchasing Studio is a perpetual license is perpetual, but just want to confirm.
I am a Hobbyist just getting into editing, and am already such a fan of your software an approach.
Thank You!.
For so much software these days, you purchase it to only find out that it is a one year License, or they come out with a "New" Version a year or two later that is not included in your license and you need to repurchase/subscribe to the software or lose out an any new features added. (**Cough Adobe)
I think it is a brilliant move on Blackmagic's part to offer an almost fully functioning version for free. They are basically creating a trained workforce who would likely be dedicated to their software. I believe purchasing Studio is a perpetual license is perpetual, but just want to confirm.
I am a Hobbyist just getting into editing, and am already such a fan of your software an approach.
Thank You!.