Archive assets
When an asset reaches the end of its life cycle, you can archive it. You can archive assets either one at a time or as a group. You can restore archived assets at any time. You can archive assets either one at a time or as a group. When you archive an asset, the original file and its non-essential renditions are moved into the cold tier blob.
You can only archive Approved assets.
Archive a single asset
To archive a single asset:
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On the menu bar, click Assets.
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On the Assets page, click the asset you want to archive.
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On the asset details page, click More actions
> Archive 
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On the Archive dialog, click OK.
Archive multiple assets
To archive multiple assets:
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On the menu bar, click Assets.
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On the Assets page, select the assets you want to archive.
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Click Show all items
> Archive . -
On the Archive dialog, click OK.
The non-essential renditions of archived assets are automatically deleted after a pre-configured number of days, set to 30 by default.