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Posted On: 08/25/2020 10:07:27 AM
Post# of 44029
$SNWR Huge News ~ Intercept Music, a Sanwire Subsidiary, Announces Two Milestones and Provides Revenue Model of Its Intercept PLUS Label Services Program
LOS ANGELES, CA / ACCESSWIRE / August 24, 2020 / Intercept Music, Inc. ("Intercept"
, wholly owned subsidiary of Sanwire Corporation, ("Sanwire" or "the Company" (OTC PINK:SNWR) announced today that it has processed and signed-up the first block of 25 bands onto its Intercept PLUS label services program through July 31, 2020 and it has distributed more than 20,000,000 streams for its artists.
The invitation-only label services program, Intercept PLUS was officially launched in May 2020; refer to Company press release dated May 8, 2020. To join the Intercept PLUS label services program, a band must have at least 10,000 fans and must meet certain other minimums. With the Intercept PLUS program, Intercept manages multiple revenue generating streams for the bands and then participates in the profits. Intercept is targeting gross receipts of at least $30,000 per year per band. In addition to this first block of 25 bands, Intercept has a backlog of dozens more bands, including a multi-platinum and Grammy winning band that Intercept is hoping to announce in the coming weeks.
https://finance.yahoo.com/news/intercept-musi...00304.html
LOS ANGELES, CA / ACCESSWIRE / August 24, 2020 / Intercept Music, Inc. ("Intercept"
, wholly owned subsidiary of Sanwire Corporation, ("Sanwire" or "the Company" (OTC PINK:SNWR) announced today that it has processed and signed-up the first block of 25 bands onto its Intercept PLUS label services program through July 31, 2020 and it has distributed more than 20,000,000 streams for its artists. The invitation-only label services program, Intercept PLUS was officially launched in May 2020; refer to Company press release dated May 8, 2020. To join the Intercept PLUS label services program, a band must have at least 10,000 fans and must meet certain other minimums. With the Intercept PLUS program, Intercept manages multiple revenue generating streams for the bands and then participates in the profits. Intercept is targeting gross receipts of at least $30,000 per year per band. In addition to this first block of 25 bands, Intercept has a backlog of dozens more bands, including a multi-platinum and Grammy winning band that Intercept is hoping to announce in the coming weeks.
https://finance.yahoo.com/news/intercept-musi...00304.html
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