Sanwire (OTC: SNWR), a diversified company with a focus on technologies for the entertainment industry, has announced a milestone for Intercept PLUS — more than 50 artists have signed up for the innovative, invitation-only label services program. Available through Intercept Music Inc., a wholly owned Sanwire subsidiary, Intercept PLUS was launched in May 2020. To join the prestigious label services program, an artist or band must meet certain requirements, including having at least 10,000 fans. Intercept PLUS offers services often provided by a traditional music label, including managing multiple revenue-generating streams and providing customized advertising, licensing, merchandise sales and promotion, physical distribution, playlist creation, revenue management, live broadcasting and YouTube channel management. Independent artists who qualify for Intercept PLUS can enjoy a full range of benefits often offered by a music label, yet they remain in control of their careers and are able to maximize revenue at a fraction of the cost of a traditional label. Intercept PLUS features are paid for entirely through revenue sharing. Intercept’s platform provides artists with immediate access to hundreds of digital stores and every major streaming platform, including Spotify, Apple Music, Amazon Music, Pandora and Google Music. “We are very excited about the rapid increase in qualified bands that we are signing up for Intercept PLUS and the incredible demand for this service,” said Intercept Music president Tod Turner in the press release. “The Intercept PLUS label services program fills a key void in the industry, and really shows us that we are on the right path.”
To view the full press release, visit https://ibn.fm/H1u8x
About Sanwire Corporation
Sanwire 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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