ACCESS Newswire
02 Aug 2022, 17:31 GMT+10
Long-Term Marketing Strategies Paying Off
SAN FRANCISCO, CA / ACCESSWIRE / August 2, 2022 / Intercept Music, Inc. ('Intercept'), wholly owned subsidiary of entertainment-technology innovator Sanwire Corporation ('Sanwire' or the 'Company') (OTC PINK:SNWR), announced today a 396% increase in May 2022's month over month streaming figures to 8.6 million streams.
The partnership launch with the Method Man in April 2022 contributed greatly to the increase in the streaming figures which will be reflected in our Q2/2022 revenues. With the recently announced partnerships with the 7,000 song reggae catalog, Litco, Centerpoint and other major labels, the Company expects further higher streaming and revenue figures in Q3/2022.
'We are very excited to announce our recently verified streaming figures,' said Tod Turner, Intercept's CEO. 'It's great to see our long-term marketing strategies and operational excellence start to pay off. Our typical streaming/revenue recognition cycle is 3-4 months from uploading a song to receiving royalties.'
About Intercept Music Inc.
Intercept Music champions creative iconoclasts. The entertainment technology company harnesses the power of premium distribution, sizzling social media, meaningful marketing, monumental merchandising, and customizable promotional services to empower independent labels and their artists to build audiences and drive revenue. The Software as a Service (SaaS) company focuses exclusively on the independent music market, the fastest-growing sector of the music industry. Intercept Music is a wholly-owned subsidiary of Sanwire Corporation (OTC: SNWR), a company focused on advanced technologies for the entertainment industry. Learn more at interceptmusic.com or visit Intercept Music's Instagram, Twitter, and Facebook.
About Sanwire Corporation
Sanwire Corporation (OTC PINK: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 [email protected], or [email protected]
Safe Harbor Statement: This release contains forward-looking statements. 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.
SOURCE: Sanwire Corporation
Get a daily dose of Raleigh Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Raleigh Times.
More InformationDALLAS, Texas: Southwest Airlines will start charging passengers for checked bags, ending a long-standing policy that set it apart...
NEW YORK, New York - U.S. stocks rallied hard on Friday, boosted by strong rises around the world. Investors shrugged off a decline...
MILAN, Italy: Maserati has scrapped plans for an electric version of its MC20 sports car, citing low expected demand for the high-performance...
BERLIN, Germany: Volkswagen is set to cut 1,600 jobs at its Cariad software division by the end of the year, affecting nearly 30 percent...
The principal terminal, Terminal 1, at Israel's largest airport will reopen at the end of this month, having largely been closed since...
NEW YORK, New York - The knee-jerk introduction of trade tariffs by President Donald Trump continues to rattle markets with all the...
CHICAGO/WASHINGTON, D.C.: Farmers and food groups across the U.S. are laying off workers, stopping investments, and struggling to get...
WASHINGTON, D.C.: The U.S. Centers for Disease Control and Prevention (CDC) is planning an extensive study on possible links between...
(Photo credit: Steven Bisig-Imagn Images) Seattle Mariners 2024 record 85-77 (2nd place, AL West) He gone: RHP JT Chargois, RHP...
(Photo credit: Jim Dedmon-Imagn Images) CHARLOTTE - Kon Knueppel scored 17 points and No. 1 Duke, playing without star freshman Cooper...
(Photo credit: Jim Dedmon-Imagn Images) ACC Player of the Year Cooper Flagg was ruled out for Duke's conference tournament semifinal...
(Photo credit: Grace Smith/IndyStar / USA TODAY NETWORK via Imagn Images) Iowa dismissed men's basketball coach Fran McCaffery after...