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Pick of The Week
Sanwire Corp.
(SNWR)
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Sanwire Corp. (SNWR) is a diversified company currently focused on technologies for the music industry. The company specializes in locating unique
opportunities in fragmented markets and implementing its aggregated technologies to consolidate distinct services into unified platforms of delivery. Sanwire is currently focusing these efforts on advanced entertainment technologies.
Founded in 1997 and based out of Las Vegas, Nevada, Sanwire has operated and sold several subsidiaries as it has worked in various industry segments, including Sanwire Software Inc., Bullmoose Mines Ltd. and Squeeze Report Inc. Currently, there are two new holdings that were added to the company’s portfolio through two recent acquisitions, including Intercept Music Inc. in March 2020 and the Art is War Record Label in June 2020.
Intercept Music Inc. – Artist-Focused Services
Intercept Music Inc. is an entertainment technology company offering a unique suite of artist-focused services that are specifically designed to meet the needs of recording artists. Intercept’s proprietary online platform is dedicated to helping millions of global independent artists effectively promote their music and distribute it worldwide to hundreds of digital stores and every major streaming platform, including Spotify, Apple Music, Amazon Music, Pandora and Google
Music.
With Intercept Music, recording artists have all the tools needed to market, promote and sell their music online and through social media. Comprehensive reporting allows artists to track the fan response to their releases, all the way down to individual music tracks.
Investment Considerations
- Sanwire Corp. is using technology to consolidate services in fragmented markets. The company is currently focused on advanced entertainment technologies.
- The acquisition of Intercept Music Inc. gave Sanwire solid footing in the music and entertainment industry, offering a unique suite of artist-focused services specifically created for recording artists.
- During the second quarter of 2020, Sanwire’s revenues increased by approximately 300% following its acquisition of Intercept Music Inc. Further growth is expected throughout the balance of 2020.
- On June 25, 2020, Intercept Music announced that it would be offering artists physical distribution through major retailers such as Amazon, FYE and Walmart.
Additional Resources
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RECENT COVERAGE
InvestorNewsBreaks - Sanwire Corp.'s (SNWR) Intercept Music Hitting a High Note in Fastest-Growing Sector of the Music Industry
March 10, 2022 8:30 AM
Sanwire’s (OTC: SNWR) wholly owned subsidiary, Intercept Music, a software-as-a-service (“SaaS”) entertainment technology company, was featured in a new interview with SmallCapVoice.com Inc. (“SCV”). Intercept Music President Tod Turner joined SCV’s Stuart Smith to discuss how the company’s marketing and distribution platform gives
independent artists and labels a competitive advantage in a crowded industry. “There are about 12 million artists in the world. About 5,000 of them will get major label deals. The rest of them are all out there trying to figure out how to survive in an increasingly technical world. Our job is to give them a single platform so they can focus on creating their music and not have to become a graduate of a music business program just to be able to produce and make a living, earning with their
music,” Turner said. He further described the rapid growth of the music industry, particularly for streaming and the indie artist market it serves, and the company’s shifted focus to international expansion. “For 2022, you'll see some additional opportunities that are coming. You'll see some global marketing and an outward focus toward working with artists, particularly leaders in their specific music genres, to try to help as many of these independent artists as we
can.”
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