Sanwire (OTC: SNWR), a diversified company with a focus on technologies for the entertainment industry, announced that, through its subsidiary Intercept Music Inc., it has expanded its distribution network to include additional major retailers. Earlier this Intercept launched its physical distribution network with numerous retail giants, including Amazon.com, Walmart.com and FYE. That distribution list has since grown as the company has added Amazon International, Target.com, Barnes & Noble, BarnesAndNoble.com and Tower Japan; these major retailers have become available through distribution partner Super D. Intercept’s distribution platform also includes a physical distribution network of more than 1,000 U.S. and global record stores. Intercept provides independent artists with a vast majority of ways to maximize their revenue potential beyond broad digital distribution offered in its Emerging Artist and Intercept Plus plans. The market for physical sales accounted for 20% of all music revenue in 2019, or more than $1.1 billion. “Expanding our physical distribution network makes our artists’ music available worldwide and to a much larger audience and hence much higher revenues to the artists and us,” said Intercept president Tod Turner in the press release. “These additional major outlets include both e-commerce as well as physical locations; domestically and globally.”
Click here to view the full press release.
About Sanwire Corporation
Sanwire, a diversified company with a focus on technologies for the entertainment industry, has been involved in aggregating technologies for a number of years. The company looks for opportunities in fragmented markets where technology can be applied to consolidate services into a single platform of delivery. Sanwire’s current focus is advanced entertainment technologies. For more information about the company, visit www.SanwireCorporation.com.
NOTE TO INVESTORS: The latest news and updates relating to SNWR are available in the company’s newsroom
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php