Business
Intercept Music, Wholly Owned Subsidiary of Sanwire Corp, Adds Physical Distribution Through Retail Giants Amazon and Walmart
Intercept Music, Wholly Owned Subsidiary of Sanwire Corp, Adds Physical Distribution Through Retail Giants Amazon and Walmart.
About this update from Sanwire Corp.
[{"type":"text","content":"\n\n\n\nIntercept Music, Wholly Owned Subsidiary of Sanwire Corp, Adds Physical Distribution Through Retail Giants Amazon and Walmart\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nIntercept Music, Wholly Owned Subsidiary of Sanwire Corp, Adds Physical Distribution Through Retail Giants Amazon and Walmart\nPR Newswire\nLOS ANGELES, June 25, 2020\n\n\n\nLOS ANGELES, June 25, 2020 /PRNewswire/ -- Intercept Music, Inc. (\"Intercept\"), wholly owned subsidiary of Sanwire Corporation, (\"Sanwire\" or \"the  Company\") (OTC: SNWR) announced today that it has now added physical music distribution through major retailers, including Amazon, Walmart, and, FYE to its growing services for independent artists.\nWith the addition of physical distribution services, Intercept gives independent artists even more ways to maximize their revenue potential. Beyond the comprehensive digital distribution and promotional services in its Emerging Artist and Intercept Plus plans, Intercept's distribution network for physical CDs and vinyl includes retail giants Amazon, Walmart, and FYE among others. Even with the explosion of streaming music, physical music sales represent a viable income opportunity, accounting for 20% of all music revenue in 2019, or more than $1.1 billion.\nIntercept's online platform is dedicated to helping independent artists 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.\n\"In the current climate, artists can't play shows or otherwise engage in public at all, so they're focusing on all other opportunities to bring in revenue,\" said President Tod Turner, of Intercept. \"Our prio...