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Kotak records 14 percent PAT decline in Q4 Kotak Mahindra

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Apple clears Spotify app update that allows purchases

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Daniel Ek, co-founder and chief executive officer of Spotify Technology SA, during the Acquired LIVE event at the Chase Center in San Francisco, California, US, on Tuesday, Sept. 10, 2024. 

David Paul Morris | Bloomberg | Getty Images

Spotify on Friday said Apple has approved the company’s U.S. app update, which will allow users to access pricing information, links to make purchases and select from more payment options within the music streaming app.

The approval comes after a U.S. federal judge on Wednesday ordered Apple to stop imposing the commissions it makes on purchases through web links inside an iPhone app. Spotify acted quickly on the order, submitting a new app update on Thursday.

“After nearly a decade, this will finally allow us to freely show clear pricing information and links to purchase,” Spotify spokesperson Jeanne Moran said in a statement.

“There is more work to do, but today represents a significant milestone for developers and entrepreneurs everywhere who want to build and compete on a more level playing field,” she added.

Spotify users will now be able to see how much something costs in the app, including information on the company’s subscriptions and promotions. Users can purchase their subscription of choice through the app, and upgrade or change their plan if they choose. Spotify said customers can also use payment methods other than Apple’s system through the update, according to a blog post.

Apple said Wednesday it will comply with the court’s order, but strongly disagrees with the decision and will appeal.

WATCH: Legal case a big deal for Apple and long-term antitrust concerns are real, says MAI’s Chris Grisanti

Legal case a big deal for Apple and long-term antitrust concerns are real, says MAI's Chris Grisanti



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