Intercept Music, Wholly Owned Subsidiary of Sanwire Corp, Adds Physical Distribution Through Retail Giants Amazon and Walmart
25 Juin 2020 - 2:30PM
InvestorsHub NewsWire
Los Angeles,
CA -- June 25, 2020 -- InvestorsHub NewsWire -- Intercept
Music, Inc. (“Intercept”), wholly owned subsidiary of Sanwire
Corporation, (“Sanwire” or “the Company”) (OTC:
SNWR) announced today that it has now added physical music
distribution through major retailers, including Amazon, Walmart,
and, FYE to its growing services for independent
artists.
With the
addition of physical distribution services, Intercept gives
independent artists even more ways to maximize their revenue
potential. Beyond the comprehensive digital distribution and
promotional services in its Emerging Artist and Intercept Plus
plans, Intercept’s distribution network for physical CDs and vinyl
includes retail giants Amazon, Walmart, and FYE among others. Even
with the explosion of streaming music, physical music sales
represent a viable income opportunity, accounting for 20% of all
music revenue in 2019, or more than $1.1
billion.
Intercept’s
online platform is dedicated to helping independent artists
effectively distribute, promote, and earn income from their music.
Intercept’s platform gives artists immediate access to hundreds of
digital stores and every major streaming platform, including
Spotify, Apple Music, Amazon Music, Pandora and Google Music. In
addition to powerful DIY social media marketing and promotional
tools available on a monthly subscription model, the
invitation-only Intercept Plus program offers fully managed
promotional services, including the opportunity to sell merchandise
through branded online
stores.
“In the
current climate, artists can’t play shows or otherwise engage in
public at all, so they’re focusing on all other opportunities to
bring in revenue,” said President Tod Turner, of Intercept. “Our
priority is to help artists monetize their music in every way, and
with physical distribution added to the mix, we’re leaving no stone
unturned in helping artists to earn money from their creative
output.”
About Intercept
Music, Inc.
Intercept Music,
Inc. is an entertainment technology company
dedicated to helping independent artists
effectively distribute, market, and monetize their music. Sold
through a Software as a Service (Saas) model, Intercept’s online
platform delivers an unsurpassed combination of marketing,
promotion, and distribution to hundreds of stores worldwide and
every major streaming service, including Apple Music, Google Music,
Pandora and Spotify. Intercept’s options include full-service,
concierge-style support and even one-on-one coaching from
award-winning music industry professionals. Intercept focuses
exclusively on the independent music market, which is
estimated at 12 million artists, and is the fastest-growing sector
of the music industry. For more information,
visit interceptmusic.com.
About Sanwire
Corporation
Sanwire
Corporation (OTC:
SNWR), a diversified company with a focus on technologies for
the entertainment industry, has been involved in aggregating
technologies for a number of years. We look for opportunities in
fragmented markets, where technology can be applied to consolidate
services into a single platform of delivery. Our current focus is
advanced entertainment technologies. For more information,
visit sanwirecorporation.com.
For
further inquiries, contact ir@sanwirecorporation.com,
casper.casparian@interceptmusic.com,
or (424) 835-0833.
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Statement:
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Securities Act of 1934, as amended. All statements regarding our
expected future financial positions, results of operations, cash
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involve risks, uncertainties, and contingencies, many of which are
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expressly disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
Sanwire (PK) (USOTC:SNWR)
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