In the company’s earnings call this week, Spotify CEO Daniel Ek told investors that the impact of the December round of layoffs resulted in “significant” challenges.
Spotify is testing Apple’s commitment to the new EU law with a new update to its app. The law, called the Digital Markets Act (DMA), requires large tech companies like Apple to let developers inform users about alternative ways to purchase,
Spotify now has 615 million total monthly active users and 239 million premium subscribers (for context, the company had 96 million paid subscribers 4 years ago), delivering on the promise to make 2024 the year of monetization.
Spotify continues to complain about an Apple Tax that it doesn't really pay, as it decries Apple's non-approval of its latest update because of a violation of App Store rules.
Yesterday we learned that Spotify decided to pass on Apple’s new EU terms that would allow it to use alternative payment methods due to the Core Technology Fee. Instead, it submitted an app update with pricing info and details on how to subscribe outside of the App Store without giving users a link.
Spotify is one of the world’s most popular music streaming services, and in its first quarter of 2024 posted a record operating income of €168 million (£144 million). But this column continues to
An update to Spotify's app has been rejected by the App Store review process, after the streaming service failed to follow rules allowing links to external sites for purchases.
As reported by TechCrunch, Spotify has submitted a new update to its app that includes pricing information for users in the EU. Spotify also says that it is not planning to opt into Apple’s new business terms in the European Union offered in response to the Digital Markets Act.