Sanwire (OTC: SNWR), a diversified company with a focus on technologies for the entertainment industry, together with its 100% wholly owned subsidiary, Intercept Music Inc., today announced distribution of more than 35,000,000 streams for its artists and the hiring of four additional customer support staff. Streaming has become the most popular way for artists to distribute their music through global services such as Apple Music, Google Play and Pandora, and currently accounts for over 83% of music consumption. Intercept distributes music and collects royalties in 230 countries around the world. “We are proud of this streaming milestone and exceptionally happy with the rate that the streams have been increasing, showing us that our marketing software is working very well,” said Tod Turner, president of Intercept. “Our customer service staff is growing very quickly as we continue to add marketing services to help artists.”
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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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