SPOT Jul 2024 350.000 call
| Previous close | 2.6600 |
| Open | 1.9100 |
| Bid | 1.5300 |
| Ask | 2.0500 |
| Strike | 350.00 |
| Expiry date | 2024-07-19 |
| Day's range | 1.9000 - 1.9700 |
| Contract range | N/A |
| Volume | |
| Open interest | 462 |
ReutersTencent Music beats Q1 revenue estimates on strong rise in paid subscriptions
(Reuters) -China's Tencent Music Entertainment Group beat first-quarter revenue estimates on Monday, helped by strong growth in paid subscriptions and advertising services on its Spotify-like music streaming platform. Tencent Music's shares rose over 8% in morning trade in New York after the company said the number of its paying users rose 20.2% to 113.5 million from a year earlier，marking a record quarterly growth for this metric. This marks the third straight quarter that Tencent Music has suffered a revenue decline.
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ReutersMusic streaming firms urge European Commission to reject Apple's proposal in App Store case
A group that represents audio streaming firms including Spotify and France's Deezer in Europe has urged the European Commission to reject Apple's proposal in a music streaming case. Digital Music Europe expressed concern in a letter submitted to the European Commission on Tuesday that Apple's proposal to comply with the regulator's March order, in which the iPhone-maker was fined 1.84 billion euros ($1.98 billion), does not provide concrete and effective remedies.
