When Lastpass was acquired by LogMeIn, I bit the bullet and painfully migrated to 1Password because LogMeIn has the reputation of screwing the users with massive price hike when they have the market power to do so.
10 months down the road, Lastpass is still offering $1/month subscription under the new owner. Ironically, it's 1Password that is raising the price of the standalone product (one could imagine that the upgrade price for the next version will most likely be higher than the full price paid for the previous version!).
As for the subscription price, if Lastpass could run a profitable business by offering $1/month subscription, I just don't know how 1Password can justify its $2.99/month fee?
This was exactly me to the letter! I had problems with LogMeIn in the past - where they charged my card after I had cancelled and wouldn't refund me the money. So when LogMeIn bought LastPass, I left it for 1Password. I would have sworn, like you, that prices would rise, but they didn't. Kinda ironic that 1Password is $3/mo for a similar service. Also ironic that this comes out right after I purchase LastPass $12/year on Sunday for a job I'm doing. lol.
But yeah, price wise, $12/year x2 for me and my wife to share passwords via LastPass is a lot cheaper. Bummer because I really like 1Password and the company behind it. I respect that they have a developer and a support person talking in this thread.
And even though a lot of people are anti-subscription, companies that don't adopt this model will be left behind imo - so it's smart business to do so, sadly.