Intercept Music, a Sanwire Subsidiary, Expands Physical Distribution to Include Amazon International, Target.com, Barnes & No...
October 01 2020 - 7:30AM
InvestorsHub NewsWire
Los Angeles, CA -- October 1,
2020 -- InvestorsHub NewsWire -- Intercept Music, Inc.
(“Intercept”), wholly owned subsidiary of Sanwire Corporation,
(“Sanwire” or the “Company”) (OTC:
SNWR) a diversified company with a focus on technologies
for the entertainment industry, announced today that it has
expanded its physical distribution network for its product
offerings again to include more major
retailers.
In
a press release dated
June 25, 2020, Intercept announced that it had launched its
physical distribution network with retail giants Amazon.com,
Walmart.com, and FYE to name a few. Since then, Intercept has
expanded its physical distribution network to include Amazon
International, Target.com, Barnes & Noble, BarnesAndNoble.com,
and Tower Japan, through its distribution partner Super
D. In addition to the major retailers, Intercept
distributes to over 1,000 record stores both domestically and
internationally. The physical distribution network
complements Intercept’s over 20 new digital
retailers.
With the expansion of its
physical distribution network, 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. 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.
“Expanding our physical
distribution network makes our artists’ music available worldwide
and to a much larger audience and hence much higher revenues to the
artists and us,” said Tod Turner, president of Intercept. “These
additional major outlets include both e-commerce as well as
physical locations; domestically and
globally.”
Intercept’s online platform is
dedicated to helping independent artists and bands 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.
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 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.
Corporate
Communications:
InvestorBrandNetwork
(IBN)
Los Angeles,
California
www.InvestorBrandNetwork.com
310.299.1717
Office
Editor@InvestorBrandNetwork.com
Safe Harbor
Statement:
Forward-Looking Statements are included within the meaning of
Section 27A of the Securities Act of 1933, and Section 21E of the
Securities Act of 1934, as amended. All statements regarding our
expected future financial positions, results of operations, cash
flows, financing plans, business strategy, products and services,
competitive positions, growth opportunities, plans and objectives
of management for future operations, listing on the OTC Markets,
including words such as "anticipate," "if," "believe," "plan,"
"estimate," "expect," "intend," "may," "could," "should," "will,"
and other similar expressions are forward-looking statements and
involve risks, uncertainties, and contingencies, many of which are
beyond our control, which may cause actual results, performance, or
achievements to differ materially from anticipated results,
performance, or achievements. We are under no obligation to (and
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)
Historical Stock Chart
From Nov 2024 to Dec 2024
Sanwire (PK) (USOTC:SNWR)
Historical Stock Chart
From Dec 2023 to Dec 2024