$SNWR Sanwire announced the acquisition closing of Intercept Music, Inc. (“Intercept”) for Sanwire’s equity. Intercept will operate, with its own leadership team, as a 100% wholly owned subsidiary of Sanwire. Intercept is an entertainment technology company that sells and markets its product offering utilizing the Software as a Service (“SaaS”) model. In the crowded music marketplace today, 12 million artists are competing for fans and audiences that have almost unlimited access to music, whether from streaming services or online retailers.

Intercept's software platform delivers an unsurpassed combination of distribution, marketing and expert coaching, empowering artists to connect with new audiences, measure their results and distribute and monetize their music like never before.