Linmon Media Renews Contracts with Tencent Units

Like
Comment
Favorite

Linmon Media Renews Contracts with Tencent Units

MT Newswires Live2024-12-31

Linmon Media (HKG:9857) renewed two agreements with Tencent Computer and one contract with TME Shenzhen on Monday, a same-day bourse filing said.

Framework agreement for drama series and movies copyright licensing and advertisement production services were renewed with Tencent Computer. The production house also renewed a music copyright licensing contract with TME Shenzhen.

The contracts were renewed for three years starting Jan. 1, 2025, and ending Dec. 31, 2027.

Tencent Computer is a unit of Tencent (HKG:0700), whose other subsidiary, Tencent Mobility, is a substantial shareholder of Linmon Media. TME Shenzhen is a unit of Tencent Music Entertainment (HKG:1698) which is also a subsidiary of Tencent.

The renewal of the contracts is subject to shareholder approval.

Shares of the company closed over 4% lower on Tuesday.

Price (HKD): $2.80, Change: $-0.12, Percent Change: -4.11%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

7x24

All

17:09
Uber Shares Extend Declines Slightly After FTC Sues Co Over Deceptive Billing, Cancellation Practices, Last Down 3.5%
17:06
U.S. Federal Trade Commission Sues Uber, Accusing It of Deceptive Practices Related to Uber One Subscription Service - Court Filing
17:05
U.S. FTC Says It Takes Action Against Uber for Deceptive Billing and Cancellation Practices
17:03
Refile-El Paso Natural Gas Company, L.l.c. (Epng) Lifts Force Majeure Issued on April 20 Associated With Its Bluewater Compressor Station Located in Mckinley County, New Mexico (Adds Missing Word)
17:02
U.S. Stocks Extend Fall, S&P 500 Down 3.01 Pct

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2495651879?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2024-12-31 15:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2495651879","market":"sh","top_or_hot":-1,"title":"Linmon Media Renews Contracts with Tencent Units","media":"MT Newswires Live","content":"<html><body><p> Linmon Media (HKG:9857) renewed two agreements with Tencent Computer and one contract with TME Shenzhen on Monday, a same-day bourse filing said.</p><p>Framework agreement for drama series and movies copyright licensing and advertisement production services were renewed with Tencent Computer. The production house also renewed a music copyright licensing contract with TME Shenzhen.</p><p>The contracts were renewed for three years starting Jan. 1, 2025, and ending Dec. 31, 2027.</p><p>Tencent Computer is a unit of Tencent (HKG:0700), whose other subsidiary, Tencent Mobility, is a substantial shareholder of Linmon Media. TME Shenzhen is a unit of Tencent Music Entertainment (HKG:1698) which is also a subsidiary of Tencent.</p><p>The renewal of the contracts is subject to shareholder approval.</p><p>Shares of the company closed over 4% lower on Tuesday.</p><p>Price (HKD): $2.80, Change: $-0.12, Percent Change: -4.11%</p></body></html>","source":"mtnewswires_news","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>Linmon Media Renews Contracts with Tencent Units</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nLinmon Media Renews Contracts with Tencent Units\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-12-31 15:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Linmon Media (HKG:9857) renewed two agreements with Tencent Computer and one contract with TME Shenzhen on Monday, a same-day bourse filing said.</p><p>Framework agreement for drama series and movies copyright licensing and advertisement production services were renewed with Tencent Computer. The production house also renewed a music copyright licensing contract with TME Shenzhen.</p><p>The contracts were renewed for three years starting Jan. 1, 2025, and ending Dec. 31, 2027.</p><p>Tencent Computer is a unit of Tencent (HKG:0700), whose other subsidiary, Tencent Mobility, is a substantial shareholder of Linmon Media. TME Shenzhen is a unit of Tencent Music Entertainment (HKG:1698) which is also a subsidiary of Tencent.</p><p>The renewal of the contracts is subject to shareholder approval.</p><p>Shares of the company closed over 4% lower on Tuesday.</p><p>Price (HKD): $2.80, Change: $-0.12, Percent Change: -4.11%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01698","symbol_name":"腾讯音乐-SW","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2495651879","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2495651879","pubTimestamp":1735629074,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Linmon Media  renewed two agreements with Tencent Computer and one contract with TME Shenzhen on Monday, a same-day bourse filing said.Framework agreement for drama series and movies copyright licensing and advertisement production services were renewed with Tencent Computer. The production house also renewed a music copyright licensing contract with TME Shenzhen.The contracts were renewed for three years starting Jan. 1, 2025, and ending Dec. 31, 2027.Tencent Computer is a unit of Tencent , whose other subsidiary, Tencent Mobility, is a substantial shareholder of Linmon Media. TME Shenzhen is a unit of Tencent Music Entertainment  which is also a subsidiary of Tencent.The renewal of the contracts is subject to shareholder approval.Shares of the company closed over 4% lower on Tuesday.Price : $2.80, Change: $-0.12, Percent Change: -4.11%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"80700":"腾讯控股-R","01698":"腾讯音乐-SW","IE00B5MMRT66.SGD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (SGDHDG) ACC","IE0031814852.USD":"FSSA GREATER CHINA GROWTH \"I\" (USD) ACC","TME":"腾讯音乐","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU1880383440.USD":"AMUNDI FUNDS CHINA EQUITY \"A2\" (USD) INC","LU0594300419.USD":"富达中国消费基金A","LU1044876610.USD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"ZU\" (USD) ACC","LU0456842615.SGD":"JPMorgan Funds - Emerging Markets Equity A (acc) SGD","LU0417516902.SGD":"Allianz China Equity Cl AT Acc SGD","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU0823041008.USD":"AMUNDI FUNDS EMERGING WORLD EQUITY \"A2\" (USD) ACC","LU0918141887.USD":"安联亚洲实际收益股票基金","TCEHY":"腾讯控股ADR","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","IE0003795394.USD":"BNY MELLON ASIAN EQUITY \"A\" (USD) ACC","LU2251237488.HKD":"TEMPLETON EMERGING MARKETS DYNAMIC INCOME \"A\" (HKD) INC A","00700":"腾讯控股","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0898667661.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD-H","LU0084288322.USD":"Natixis Asia Equity RD USD","LU1807302812.USD":"UBS (LUX) EQUITY SICAV ALL CHINA \"P\" (USD) ACC","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","LU0345775950.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) ACC","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0588545490.SGD":"Eastspring Investments - Asian Equity Income AS SGD","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","HTCD.SI":"Tencent HK SDR 10to1","BK1586":"云计算","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","IE0009570106.USD":"FSSA ASIA OPPORTUNITIES \"I\" (USD) ACC","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","LU0080751232.USD":"富达环球多元动力基金A","LU0096374516.USD":"CT (LUX) I ASIA EQUITY INCOME \"DU\" (USD) ACC","SG9999002828.SGD":"Eastspring Investments Unit Trusts - Dragon Peacock A SGD","LU1675838814.USD":"AB SICAV I - EMERGING MARKETS LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU0819121731.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"AC\" (USD) ACC","IE0008368742.USD":"首域中国增长基金I Acc","SG9999002463.SGD":"LionGlobal China Growth SGD","HKD":"尚乘数科","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","LU0608807433.USD":"TEMPLETON EMERGING MARKETS DYNAMIC INCOME \"A\" (USD) ACC","SG9999001051.SGD":"United Asia Fund SGD","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","09857":"柠萌影视","LU1044874839.SGD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"AGH\" (SGDHDG) ACC","LU0633140560.USD":"AB EMERGING MARKET MULTI ASSET PORTFOLIO \"A\" (USD) ACC"},"translate_title":"Linmon Media与腾讯控股子公司续签合同","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80700":0.6,"00700":1,"01698":0.6,"09857":0.9,"HKD":1,"HTCD.SI":0.6,"TCEHY":0.6,"TME":0.76},"content_text":"Linmon Media (HKG:9857) renewed two agreements with Tencent Computer and one contract with TME Shenzhen on Monday, a same-day bourse filing said.Framework agreement for drama series and movies copyright licensing and advertisement production services were renewed with Tencent Computer. The production house also renewed a music copyright licensing contract with TME Shenzhen.The contracts were renewed for three years starting Jan. 1, 2025, and ending Dec. 31, 2027.Tencent Computer is a unit of Tencent (HKG:0700), whose other subsidiary, Tencent Mobility, is a substantial shareholder of Linmon Media. TME Shenzhen is a unit of Tencent Music Entertainment (HKG:1698) which is also a subsidiary of Tencent.The renewal of the contracts is subject to shareholder approval.Shares of the company closed over 4% lower on Tuesday.Price (HKD): $2.80, Change: $-0.12, Percent Change: -4.11%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}