(MENAFN- Investor Brand Network) sanwire (otc: snwr) , an entertainment technology innovator, and its wholly owned subsidiary Intercept Music, a multifaceted label and artist-centric platform solution provider, are reporting on their first-quarter 2023 financial results. The report shows an impressive upward trend and also indicates significant growth for Intercept. An example of the growth the company is seeing and the effectiveness of the platform is illustrated by numbers reported for an artist that joined Intercept in September 2022. According to the report, the artist released several songs, invested $12,000 in Intercept's marketing services and saw more than 4 million streams, resulting in a $250,000 marketing budget and deal with a major record label. According to the company, the robust growth experienced by Intercept is driven by the company's commitment to technology innovation and its dedicated team. The company is committed to consistently providing new marketing services that enable artists and labels to reach wider audiences, broaden recognition, and achieve goals.“We are excited to report that our sales were up 58% over the same quarter last year,” said Intercept Music CEO Tod Turner in the press release.“This significant growth can be attributed to our ongoing efforts to expand our markets and range of marketing services for artists and labels. We have introduced 26 new services in English and 18 in Spanish for our Latin partners, allowing us to better cater to their specific needs. Furthermore, our partnerships with indie labels, such as One Pic Entertainment and the Coolio Estate, have played a pivotal role in driving our success. We have leveraged the knowledge and experience gained over the past years to develop a consistent and structured approach to promoting music and merchandise for our clients and partners. The results speak for themselves.”
To view the full press release, visit
About Sanwire Corporation
Sanwire, a diversified company with a focus on technologies for the entertainment industry, has been involved in aggregating technologies for several years. Sanwire seeks opportunities in fragmented markets, where technology can be applied to consolidate services into a single platform of delivery. The company's current focus is advanced entertainment technologies. For more information about the company, visit
NOTE TO INVESTORS:
The latest news and updates relating to SNWR are available in the company's newsroom at
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you'll need to ensure that your next press release grabs the attention of your target audience and doesn't let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire's syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
InvestorWire is part of the
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.