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2021-07-26
Be nice!
Tencent Music stock plunged 15% in premarket trading<blockquote>腾讯控股音乐股票在盘前交易中暴跌 15%</blockquote>
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nice!","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/800802855","repostId":1187196671,"repostType":4,"repost":{"id":"1187196671","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627287743,"share":"https://www.laohunote.com/m/news/1187196671?lang=zh_CN&edition=full","pubTime":"2021-07-26 16:22","market":"us","language":"en","title":"Tencent Music stock plunged 15% in premarket trading<blockquote>腾讯控股音乐股票在盘前交易中暴跌 15%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1187196671","media":"Tiger Newspress","summary":"Tencent Music stock plunged 15% in premarket trading on China regulator baring Tencent from exclusiv","content":"<p>Tencent Music stock plunged 15% in premarket trading on China regulator baring Tencent from exclusive rights in online music.</p><p><blockquote>腾讯控股音乐股价在盘前交易中暴跌15%，原因是中国监管机构剥夺了腾讯控股在线音乐的独家权利。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/998fecbbe9d0d07cb76b464ef4b96338\" tg-width=\"885\" tg-height=\"637\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> China's market regulator on Saturday said it would bar Tencent Holdings Ltd from exclusive music copyright agreements and fined the company for unfair market practices in the online music market after its acquisition of China Music Corporation.</p><p><blockquote>中国市场监管机构周六表示，将禁止腾讯控股控股有限公司签订独家音乐版权协议，并因该公司收购中国音乐集团公司后在线音乐市场的不公平市场行为对其处以罚款。</blockquote></p><p> The Chinese government has been stepping up antitrust actions in recent months against the country's large tech companies, including a record $2.75 billion fine on e-commerce giant Alibaba for engaging in anti-competitive behaviour.</p><p><blockquote>近几个月来，中国政府一直在加大对该国大型科技公司的反垄断行动力度，包括对电子商务巨头阿里巴巴-SW处以创纪录的27.5亿美元罚款，原因是其从事反竞争行为。</blockquote></p><p> Tencent and <a href=\"https://laohu8.com/S/TMEZY\">Tencent Music Entertainment Group</a>, the unit created from the acquisition, said they would abide by the decision and comply with all regulatory requirements.</p><p><blockquote>腾讯控股和<a href=\"https://laohu8.com/S/TMEZY\">腾讯控股音乐娱乐集团</a>收购后创建的部门表示，他们将遵守这一决定并遵守所有监管要求。</blockquote></p><p> The State Administration Of Market Regulation <a href=\"https://laohu8.com/S/SAMR.SI\">$(SAMR.SI)$</a> said it had investigated Tencent's activities in the online music broadcasting platform market in China, in which music copyright is the core asset, in a notice posted on its official website.</p><p><blockquote>国家市场监督管理总局<a href=\"https://laohu8.com/S/SAMR.SI\">$(SAMR.SI)$</a>腾讯在其官方网站上发布的一份通知中表示，它已经调查了腾讯在中国在线音乐广播平台市场的活动，在这个市场中，音乐版权是核心资产。</blockquote></p><p> Reuters reported in mid-July that the antitrust regulator would order Tencent's music streaming arm to give up exclusive rights to music labels that it has used to compete with smaller rivals, citing people with knowledge of the matter.</p><p><blockquote>路透社7月中旬援引知情人士的话报道称，反垄断监管机构将命令腾讯的音乐流媒体部门放弃其用来与规模较小的竞争对手竞争的音乐唱片公司的独家版权。</blockquote></p><p> Tencent held more than 80% of exclusive music library resources after its acquisitions, the regulator said, increasing its leverage over upstream copyright parties and allowing it to restrict new entrants, the regulator said.</p><p><blockquote>监管机构表示，腾讯控股在收购后持有超过 80% 的独家音乐库资源，这增加了其对上游版权方的影响力，并使其能够限制新进入者。</blockquote></p><p> SAMR said Tencent and its affiliated companies must not engage in exclusive copyright agreements with upstream owners of such rights, while existing agreements must be terminated within 30 days of the regulatory notice.</p><p><blockquote>SAMR表示，腾讯控股及其关联公司不得与此类权利的上游所有者签订独家版权协议，而现有协议必须在监管通知发出后30天内终止。</blockquote></p><p> The regulator also ordered Tencent to pay a fine of 500,000 yuan ($77,150).</p><p><blockquote>监管机构还责令腾讯控股支付 50 万元人民币（77,150 美元）的罚款。</blockquote></p><p> Earlier this month, the regulator said it would block Tencent's plan to merge the country's top two videogame streaming sites, Huya and DouYu , on antitrust grounds.</p><p><blockquote>本月早些时候，监管机构表示将以反垄断为由阻止腾讯合并中国两大视频游戏流媒体网站虎牙和斗鱼的计划。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Music stock plunged 15% in premarket trading<blockquote>腾讯控股音乐股票在盘前交易中暴跌 15%</blockquote></title>\n<style 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#7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Music stock plunged 15% in premarket trading<blockquote>腾讯控股音乐股票在盘前交易中暴跌 15%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-07-26 16:22</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tencent Music stock plunged 15% in premarket trading on China regulator baring Tencent from exclusive rights in online music.</p><p><blockquote>腾讯控股音乐股价在盘前交易中暴跌15%，原因是中国监管机构剥夺了腾讯控股在线音乐的独家权利。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/998fecbbe9d0d07cb76b464ef4b96338\" tg-width=\"885\" tg-height=\"637\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> China's market regulator on Saturday said it would bar Tencent Holdings Ltd from exclusive music copyright agreements and fined the company for unfair market practices in the online music market after its acquisition of China Music Corporation.</p><p><blockquote>中国市场监管机构周六表示，将禁止腾讯控股控股有限公司签订独家音乐版权协议，并因该公司收购中国音乐集团公司后在线音乐市场的不公平市场行为对其处以罚款。</blockquote></p><p> The Chinese government has been stepping up antitrust actions in recent months against the country's large tech companies, including a record $2.75 billion fine on e-commerce giant Alibaba for engaging in anti-competitive behaviour.</p><p><blockquote>近几个月来，中国政府一直在加大对该国大型科技公司的反垄断行动力度，包括对电子商务巨头阿里巴巴-SW处以创纪录的27.5亿美元罚款，原因是其从事反竞争行为。</blockquote></p><p> Tencent and <a href=\"https://laohu8.com/S/TMEZY\">Tencent Music Entertainment Group</a>, the unit created from the acquisition, said they would abide by the decision and comply with all regulatory requirements.</p><p><blockquote>腾讯控股和<a href=\"https://laohu8.com/S/TMEZY\">腾讯控股音乐娱乐集团</a>收购后创建的部门表示，他们将遵守这一决定并遵守所有监管要求。</blockquote></p><p> The State Administration Of Market Regulation <a href=\"https://laohu8.com/S/SAMR.SI\">$(SAMR.SI)$</a> said it had investigated Tencent's activities in the online music broadcasting platform market in China, in which music copyright is the core asset, in a notice posted on its official website.</p><p><blockquote>国家市场监督管理总局<a href=\"https://laohu8.com/S/SAMR.SI\">$(SAMR.SI)$</a>腾讯在其官方网站上发布的一份通知中表示，它已经调查了腾讯在中国在线音乐广播平台市场的活动，在这个市场中，音乐版权是核心资产。</blockquote></p><p> Reuters reported in mid-July that the antitrust regulator would order Tencent's music streaming arm to give up exclusive rights to music labels that it has used to compete with smaller rivals, citing people with knowledge of the matter.</p><p><blockquote>路透社7月中旬援引知情人士的话报道称，反垄断监管机构将命令腾讯的音乐流媒体部门放弃其用来与规模较小的竞争对手竞争的音乐唱片公司的独家版权。</blockquote></p><p> Tencent held more than 80% of exclusive music library resources after its acquisitions, the regulator said, increasing its leverage over upstream copyright parties and allowing it to restrict new entrants, the regulator said.</p><p><blockquote>监管机构表示，腾讯控股在收购后持有超过 80% 的独家音乐库资源，这增加了其对上游版权方的影响力，并使其能够限制新进入者。</blockquote></p><p> SAMR said Tencent and its affiliated companies must not engage in exclusive copyright agreements with upstream owners of such rights, while existing agreements must be terminated within 30 days of the regulatory notice.</p><p><blockquote>SAMR表示，腾讯控股及其关联公司不得与此类权利的上游所有者签订独家版权协议，而现有协议必须在监管通知发出后30天内终止。</blockquote></p><p> The regulator also ordered Tencent to pay a fine of 500,000 yuan ($77,150).</p><p><blockquote>监管机构还责令腾讯控股支付 50 万元人民币（77,150 美元）的罚款。</blockquote></p><p> Earlier this month, the regulator said it would block Tencent's plan to merge the country's top two videogame streaming sites, Huya and DouYu , on antitrust grounds.</p><p><blockquote>本月早些时候，监管机构表示将以反垄断为由阻止腾讯合并中国两大视频游戏流媒体网站虎牙和斗鱼的计划。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TME":"腾讯音乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187196671","content_text":"Tencent Music stock plunged 15% in premarket trading on China regulator baring Tencent from exclusive rights in online music.\n\nChina's market regulator on Saturday said it would bar Tencent Holdings Ltd from exclusive music copyright agreements and fined the company for unfair market practices in the online music market after its acquisition of China Music Corporation.\nThe Chinese government has been stepping up antitrust actions in recent months against the country's large tech companies, including a record $2.75 billion fine on e-commerce giant Alibaba for engaging in anti-competitive behaviour.\nTencent and Tencent Music Entertainment Group, the unit created from the acquisition, said they would abide by the decision and comply with all regulatory requirements.\nThe State Administration Of Market Regulation $(SAMR.SI)$ said it had investigated Tencent's activities in the online music broadcasting platform market in China, in which music copyright is the core asset, in a notice posted on its official website.\nReuters reported in mid-July that the antitrust regulator would order Tencent's music streaming arm to give up exclusive rights to music labels that it has used to compete with smaller rivals, citing people with knowledge of the matter.\nTencent held more than 80% of exclusive music library resources after its acquisitions, the regulator said, increasing its leverage over upstream copyright parties and allowing it to restrict new entrants, the regulator said.\nSAMR said Tencent and its affiliated companies must not engage in exclusive copyright agreements with upstream owners of such rights, while existing agreements must be terminated within 30 days of the regulatory notice.\nThe regulator also ordered Tencent to pay a fine of 500,000 yuan ($77,150).\nEarlier this month, the regulator said it would block Tencent's plan to merge the country's top two videogame streaming sites, Huya and DouYu , on antitrust 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