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Spotify says support for external payments on iOS has already boosted subscriptions

1. Spotify sees increased iOS Premium subscriptions from external payment links. 2. Apple's compliance allows web billing, benefiting developers and consumers. 3. Spotify's app updates led to immediate sales impacts within two weeks. 4. Internal data shows notable iOS conversion improvements. 5. Legal battles between Epic Games and Apple continue to affect app policies.

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FAQ

Why Bullish?

Spotify's ability to increase subscription conversions positively impacts revenue growth potential, mirroring past instances where reduced commission fees improved app performance.

How important is it?

The article indicates key operational changes for Spotify that directly influence subscription revenue, creating a significant likelihood of impacting SPOT’s market price.

Why Short Term?

The immediate increase in Premium subscriptions suggests short-term gains, similar to precedents seen in newly relaxed payment systems.

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