Sanwire Corp Stock Price, News & Analysis

Sanwire Corporation (OTC PINK:SNWR) reported a 175% revenue increase for Q2 2022 compared to Q2 2021, driven by 8.6 million verified streams and a significant partnership with Method Man. This growth is expected to continue into Q3 2022, fueled by collaborations with over 7,000 reggae titles and enhanced marketing strategies. Key factors include new artist sign-ups, improved operational efficiency, and successful marketing campaigns. Financial statements will be published in the coming weeks.

Intercept Music, Inc., a subsidiary of Sanwire Corporation (OTC PINK:SNWR), reported a remarkable 396% increase in May 2022 streaming figures, reaching 8.6 million streams. This surge was largely influenced by their partnership with Method Man launched in April 2022, alongside other collaborations with major labels. These growth trends are expected to reflect positively in Q2/2022 revenue, with further increases anticipated in Q3/2022. CEO Tod Turner expressed optimism regarding their long-term marketing strategies and operational efforts.

Intercept Music, a subsidiary of Sanwire Corporation (OTC PINK:SNWR), has announced a marketing and distribution partnership with Litco Entertainment, expanding its portfolio by launching a new urban music label. Litco, known for its connections in the music industry, will utilize Intercept Music's platform to promote artists across the Americas. The partnership aims to empower artists and provide them with significant marketing support through InGrooves/Universal Music Group for worldwide distribution.

Sanwire Corporation (OTC PINK: SNWR) announced a multi-year partnership with CC Enterprises through its subsidiary Intercept Music Inc.. Intercept will be a global sponsor of the Music Marvel competition, creating Music Marvel Media as a new label for participating artists. This collaboration aims to provide artists worldwide with marketing and distribution support. The competition engages millions globally, showcasing top singer-songwriters. Both companies view this partnership as pivotal for elevating independent music careers.

Intercept Music, a subsidiary of Sanwire Corporation (OTC PINK: SNWR), has partnered with Afimi Music Records to provide marketing, promotional, and merchandising services. This collaboration aims to enhance audience engagement and revenue growth for Afimi Music, which has a strong track record in the industry with hits from artists like Canibus and Kali Ranks. The partnership grants Afimi access to Intercept’s comprehensive tools, including distribution and social media acceleration, positioning both companies for growth in the rapidly expanding independent music sector.

Sanwire Corporation (OTC PINK:SNWR) announced that Street Life, a prominent figure in hip-hop, has been appointed as Director of A&R for its subsidiary Intercept Music. This strategic move is aimed at enhancing artist and product development within the hip-hop genre. Street Life, known for collaborations with the Wu-Tang Clan, will leverage his extensive experience to foster new talent and promote existing artists. This appointment marks a significant partnership between Intercept Music and notable hip-hop figures, following a previous collaboration with Method Man.

Sanwire Corporation (OTC PINK:SNWR) announced the launch of a comprehensive royalty accounting technology through its subsidiary, Intercept Music. This innovative system provides artists with a complete overview of their revenues from various sources, including distribution and merchandising. The upgraded platform includes detailed earnings reports and enables same-day banking deposits through a partnership with Nerve. The rollout emphasizes transparency and control for artists, aligning with the company's commitment to enhancing financial viability in the evolving music industry.

Sanwire Corporation (OTC PINK:SNWR) announces the appointment of Anthony "A.D." Daughtry to the advisory board of its subsidiary, Intercept Music. Daughtry, a prominent figure in the music promotion industry with a history of working with major artists like Eminem and Lil' Wayne, will provide guidance on genre trends and marketing strategies. His experience aims to enhance Intercept's service offerings for artists in urban genres. This strategic move reflects Sanwire's commitment to empowering independent artists and expanding its influence in the entertainment technology sector.