Midways feature status: Image generation, qualified video generation, Ask Midways and the manual editor are launching with V1; advanced assisted editing is in development. Midways plans are not announced. Competitor prices, model access and commercial terms in this dated editorial comparison require revalidation.
This page exists to help you understand how AI generation-suite pricing and annual credit allowances actually work in practice — real, dated numbers from both companies, not a ranking or a claim that either product is cheaper or better.
Short answer: Freepik's AI generation tools (including its Magnific upscaling/enhancement tools) are now sold under the Magnific brand at magnific.com, offering access to many third-party image, video and audio models under one yearly credit allowance. Midways is a timeline-first editor with AI creation built in. If you want broad, stock-adjacent access to many generation and upscaling models, Freepik AI / Magnific is built for that; if you want to assemble and finish a project on a real timeline, Midways is.
What is Freepik AI / Magnific?
Freepik AI / Magnific is a multi-model AI generation platform, historically known as part of the Freepik stock-asset business and now consolidated under the Magnific brand for its generative tools. Per its own pricing page and an independent breakdown (both reviewed September 2026), paid tiers are billed annually and include Premium (~$14.50/month, ~240,000 credits/year), Premium+ (~$33.75/month, ~600,000 credits/year plus unlimited generations on a set of image models), Pro (~$210/month, ~4,000,000 credits/year) and a per-seat Business tier (~$55/seat/month). Credits are spent across image, video and audio models, with cost varying by model.
What is Midways?
Midways is developing an assisted video editing workspace: a real multi-track timeline with AI image and video creation built in. Manual editing doesn't spend AI credits; credits are for AI compute.
How they differ
| Dimension | Freepik AI / Magnific | Midways |
|---|---|---|
| Core emphasis | Multi-model generation suite, stock-asset heritage | Timeline-first editor |
| Manual timeline control | Not its focus | Launching with V1 |
| Agentic "propose then review" | Not its model | In development |
| Breadth of generation models | Wide (image, video and audio models aggregated) | Focused creation |
| Stock asset library | A core, separate offering | Not offered |
| Image generation | Available | Launching with V1 |
| Video generation | Available | Launching with V1 |
| Pricing model | Annual-billed credit tiers ($14.50–$210+/mo) | Terms pending approval |
Creation
Freepik AI / Magnific's stated model is broad access to many generation and enhancement models, alongside its long-standing stock-asset library. Midways offers image and video creation aimed at feeding a project you then edit on a timeline.
Editing and manual control
Midways centers a multi-track timeline for assembling and finishing a project. Freepik AI / Magnific's product is oriented around generation and asset sourcing rather than a general editing timeline.
Agentic workflow
Freepik AI / Magnific is a generation and asset platform, not an agent that edits a whole project. Midways' agentic model — describe intent, Midways proposes, you review — is Building, not yet fully operational.
Pricing and credits
Midways plans, credit allowances and purchase terms are pending approval. Competitor prices and commercial terms on this page require revalidation before a purchase decision.
Who might each suit?
- Freepik AI / Magnific — creators who want a wide model library alongside
a large stock-asset collection, under an annual credit plan.
- Midways — creators who want a real editing timeline with AI creation in
one place, and who value manual editing that doesn't spend AI credits.
Current Midways readiness
Midways status: image generation, qualified text-to-video, Ask Midways and manual editing are launching with V1; advanced assisted editing and reference creation remain in development or future concepts. Customer access is not yet announced.