It’s not a game-changer, but it’s an important step in Spotify’s pathway to profitability. In the meantime, investors can debate the merits of such a move for Spotify stock. User choice billing for Android should go live by the end of 2022. Spotify still needs to work with Google’s engineers to make this happen in the U.S. While that probably doesn’t seem like a big deal, the change is a long time coming and will add more dollars to the top line. Users will be able to be billed directly by Spotify or by Google Play. The payment options will sit side-by-side in the app. Under the new arrangement, when you download Spotify from Alphabet’s (NASDAQ: GOOG, GOOGL) Google Play Store, you’ll have two options to pay instead of one. Spotify (NYSE: SPOT) just announced a multi-year agreement with Google that probably won’t do much for SPOT stock in this year but should help it generate more revenue in the long term. While it’s not a gamechanger, it ought to deliver more revenue and push SPOT stock higher.Spotify’s been pushing for a direct billing option for years.Google’s on board with Spotify’s direct billing option.
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