Long-Term Marketing Strategies Paying Off
SAN FRANCISCO, CA / August 2, 2022 / Intercept Music, Inc. (“Intercept”), wholly owned subsidiary of entertainment-technology innovator Sanwire Corporation (“Sanwire” or the “Company”) (OTC PINK:SNWR), announced today a 396% increase in May 2022’s month over month streaming figures to 8.6 million streams.
The partnership launch with Method Man in April 2022 contributed greatly to the increase in the streaming figures which will be reflected in our Q2/2022 revenues. With the recently announced partnerships with the 7,000 song reggae catalog, Litco, Centerpoint and other major labels, the Company expects further higher streaming and revenue figures in Q3/2022.
“We are very excited to announce our recently verified streaming figures,” said Tod Turner, Intercept’s CEO. “It’s great to see our long-term marketing strategies and operational excellence start to pay off. Our typical streaming/revenue recognition cycle is 3-4 months from uploading a song to receiving royalties.”
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