Demonstrating its ongoing commitment to artists’ financial viability, Intercept Music, wholly owned subsidiary of Sanwire (OTC: SNWR), today announced the rollout of an all-new, comprehensive, royalty accounting technology. The new system is fully integrated into the industry-leading Intercept Music platform, which encompasses multiple revenue-generating streams including worldwide distribution, advertising, merchandising, playlisting, and many others. “The music industry has evolved to the point that every artist needs to run a multi-channel sales operation to be a success – it’s about much more than the music,” said Tod Turner, CEO of Intercept Music. “Our guiding principles are to give full and turnkey access to every viable revenue opportunity, and to give artists and labels full and transparent control of their financial picture. With the custom-tailored accounting system we’re introducing today, we have added transparent tracking and reporting of revenue, right where our artists are accustomed to managing their accounts.”
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About Sanwire Corp.
Sanwire, a diversified company with a focus on technologies for the entertainment industry, has been involved in aggregating technologies for a number of years. The company looks for opportunities in fragmented markets where technology can be applied to consolidate services into a single platform of delivery. Sanwire’s current focus is advanced entertainment technologies. For more information about the company, visit www.SanwireCorporation.com.
NOTE TO INVESTORS: The latest news and updates relating to SNWR are available in the company’s newsroom at https://ibn.fm/SNWR
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