LOS ANGELES, CA / March 8, 2021 / Intercept Music is pleased to provide further validation of its business plan solidified by the recent article from the internationally respected publication Music Business Worldwide (“MBW”) that discusses how 60,000 tracks are uploaded to Spotify every day, nearly one track per second.
Intercept’s online platform is dedicated to helping independent artists and bands effectively distribute, promote, and earn income from their music. Intercept’s platform gives artists immediate access to hundreds of digital stores and every major streaming platform, including Spotify, Apple Music, Amazon Music, Pandora and Google Music. In addition to powerful DIY social media marketing and promotional tools available on a monthly subscription model, the invitation-only Intercept Plus program offers fully managed promotional services, including the opportunity to sell merchandise through branded online stores.
Excerpts from MWB’s article,”… The mind-boggling amount of music being uploaded to Spotify continues to get even more mind-boggling; As part of Spotify’s ‘Stream On’ event on Monday (February 22), the company confirmed that more than 60,000 new tracks are now being ingested by its platform every single day; Spotify confirmed in November last year that its platform now played host to around 70 million tracks.
These events and the rapid growth of the online music industry, including online streaming, not only validate Intercept’s business plan but also show the importance of having products and services such as those offered by Intercept. These products and services assist recording artists to reach new audience while retaining most of the revenues.
Tod Turner, Intercept Music President commented, “The music industry has had a profound influence over our lives since humanity existed. Over the past few years, Intercept has expended considerable efforts and funds on engineering and developing its music online technology platform in anticipation of capturing a significant market share of the online music business.”
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