New App Version Will Display Pricing and External Payment Links
Spotify announced on Friday that Apple has approved its latest U.S. app update, allowing the music streaming platform to display pricing details and include external payment links. This approval comes just days after a judge ruled that Apple cannot charge commissions on purchases made outside its App Store.
Spotify Shares Surge Over 6% Following Approval
Market Reacts Positively to Increased Consumer Transparency
Founded in 2006 in Stockholm, Spotify saw its shares jump more than six percent in early trading. The update marks a significant shift in the long-standing conflict between Spotify and Apple over restrictive App Store policies.
Spotify Celebrates Policy Breakthrough
“Finally, Pricing Transparency for U.S. Users,” Says Company Spokesperson
“After nearly a decade, this will finally allow us to freely show clear pricing information and links to purchase, fostering transparency and choice for U.S. consumers,” said Spotify spokesperson Jeanne Moran in a statement.
Analysts Call It a ‘Material Win’ for Spotify
May Help Narrow the Gap With Apple Music
Pivotal Research Group analyst Jeffrey Wlodarczak remarked that the approval is a “material win” for Spotify. The change could help Spotify better compete with Apple Music, which didn’t face the same commission burden on its pricing.
App Update Follows Judge’s Ruling in Epic Games Case
Spotify Responds Quickly After Legal Clarification
Spotify submitted the app update on Thursday, following U.S. District Judge Yvonne Gonzalez Rogers’ order. The judge found Apple in violation of a prior antitrust ruling stemming from the Epic Games lawsuit.
Apple Plans to Appeal Despite Compliance
Cupertino Tech Giant Pushes Back Against Court Decision
Although Apple confirmed it will comply with the court’s ruling, the company stated it disagrees with the judgment and will pursue an appeal.
Spotify Riding High After Posting First Annual Profit
Growth Fueled by More Users, Price Increases, and Cost Cuts
In February, Spotify reported its first-ever annual profit, driven by robust user growth, strategic price adjustments, and operational cost reductions—adding momentum to its latest policy win.