MediaFire offering 1TB of cloud storage for $2.50 per month

MediaFire, an online storage and collaboration company, has announced new consumer cloud storage pricing. The company has also brought its desktop apps (for Windows and OSX) out of beta, and announced it will be releasing new versions of its Android and iOS apps soon.

With the launch of the general release MediaFire Desktop app, the company also unveiled new storage plans. The company offers users 1TB of cloud storage for just $5 per month. But for a limited time, the service is being offered at an even lower price - $2.50 a month, or $24.99 a year.

For new users, the company at present is offering 10GB of free storage space and users can earn up to 50GB in bonus space by installing MediaFire apps or inviting friends. Both free and paid accounts can upload any size file, up to 20GB in size (removing previous restrictions).

MediaFire Desktop is a free application for OSX and Windows users that enable them to share, upload, and store their media in the cloud, directly from their desktop. The company says that it will soon release new native apps for Android and iOS devices.

The company provides an app for Mac that includes a menu bar icon you can drag and drop files on and then monitor the upload as it goes. Uploaders can send a URL link to people who are not subscribers so they can click and start a download.

The rivals for MediaFire include Google Drive, DropBox and Microsoft OneDrive. While Google Drive costs $0.25 per GB between storage ranges of 20GB and 100GB, DropBox offers 2GB of free space, with 500GB priced at $49.99 a month, which is considerably more expensive than MediaFire's latest offering. Apple, Amazon and Microsoft offer between 5GB and 7GB for free