It looks like they will add a subscription edition, doesn't necessarily mean current editions will go away. If they don't offer free upgrade again, for a lot of people they will need to decide to either buy a full license or roll a subscription.
There is not a lot known here tho, will Windows be part of the existing 365 subscription? Will OEMs offer a full license any more? Or will it be a trial before adding a sub or license.
No one knows
The header photo suggests at least 4 room mates tho?