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SANWIRE CORPORATION - SNWR STOCK NEWS

Welcome to our dedicated page for SANWIRE CORPORATION news (Ticker: SNWR), a resource for investors and traders seeking the latest updates and insights on SANWIRE CORPORATION stock.

Sanwire Corporation (SNWR) is a diversified company focusing on technologies for the entertainment industry. As the parent company of Intercept Music, Sanwire is at the forefront of AI-integrated music marketing, empowering artists with cutting-edge tools and resources. With a commitment to innovation and growth, Sanwire Corporation is dedicated to providing advanced entertainment technologies and opportunities for independent artists to thrive in the digital music landscape.

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Sanwire (OTC: SNWR) has announced the engagement of Fruci & Associates II, PLLC, a PCAOB-registered auditor and accounting firm, to conduct a two-year audit of the company's financial statements. This move is in preparation for filing Form 10 with the SEC to attain fully reporting issuer status.

Ron Hughes, President and CEO of Sanwire, stated that completing this audit will be a major milestone and a springboard to becoming a fully reporting company, providing transparency to shareholders and attracting sophisticated investors. Sanwire is a diversified company focusing on aggregating technologies across various industries, with its subsidiary Intercept Music Inc. operating in the entertainment technology sector using a SaaS model.

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Sanwire Corporation (OTC:SNWR) announces the launch of Intercept Music's latest software version, integrating cutting-edge AI technology into music marketing. This industry-first AI integration empowers artists to level the playing field and market their music on-par with major labels, providing personalized and data-driven strategies.
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Sanwire Corporation (OTC PINK:SNWR) reported a remarkable 240% revenue growth for fiscal year 2022, primarily driven by its subsidiary, Intercept Music Inc. Key successes include a 430% increase in streaming to 130 million and new industry partnerships. Over $1.2 million was raised for product development and marketing. The fourth quarter alone matched the previous three quarters in performance, indicating strong momentum. Future revenue growth is anticipated, with ongoing marketing campaigns and new partnerships, further solidifying Intercept Music's position in the dynamic music industry.

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Intercept Music, a subsidiary of Sanwire Corporation (OTC PINK:SNWR), has announced a strategic partnership with 1Pic Entertainment and the Coolio Estate for the release of ten new singles and Coolio's first posthumous album. Coolio, who passed away in September 2022, was a multi-platinum artist known for hits like Gangsta's Paradise and had over 13 million monthly listeners on Spotify.

The first single, Tag You It, features artists Too Short and DJ Wino. Intercept Music aims to generate significant streaming revenues from this collaboration, which underscores the importance of Coolio's legacy in the music industry.

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Sanwire Corporation (OTC PINK:SNWR) has established a content licensing and distribution partnership with Vevo, enhancing its subsidiary Intercept Music Inc.'s offerings. This partnership enables Intercept's customers, artists, and labels to create and distribute music videos directly to Vevo's extensive network. Vevo provides promotional support, including cross-promotional opportunities on its platform. This collaboration aims to empower independent artists to reach wider audiences, thereby increasing their market presence and potential revenue. CEO statements emphasize the strategic advantage this partnership creates for artists.

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Sanwire Corporation (OTC PINK:SNWR) reported a record-breaking third quarter 2022 with revenues soaring 250% compared to the previous quarter, and up 350% year-over-year. The company's revenue growth is driven by its expanding marketing services, a robust dashboard, and a commitment to data transparency. Additionally, Sanwire has entered the Latin market, enhancing its service offerings and partnerships. The firm anticipates further growth with new marketing services and partnerships planned for 2023, solidifying its position in the entertainment technology sector.

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Sanwire Corporation (OTC PINK:SNWR) announces its subsidiary Intercept Music has partnered with Digital DJ Pool, a major DJ network. This collaboration aims to enhance music exposure for independent artists by leveraging connections with over 5,000 DJs and 40,000 nightclubs worldwide. Intercept's service guarantees artists at least 500 spins and detailed feedback from industry tastemakers. The company anticipates increased revenues from live streaming, possibly starting in Q4 2022. This partnership aligns with Sanwire's growth strategy in the entertainment technology sector.

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Intercept Music has partnered with Sapphire Records and its subsidiaries to launch two new music labels. This partnership, led by Grammy-nominated producer David Veslocki, aims to enhance global distribution and marketing services for artists. Sapphire Records will leverage Intercept Music’s platform to offer services like beat licensing, music mastering, and real-time data analytics. The new labels, Event Horizon and Constellation, will focus on providing tailored marketing services for indie artists, expanding Intercept's offerings in the entertainment industry.

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Intercept Music has announced its expansion into the global market, enhancing access to record label services for Spanish and Portuguese-speaking artists. The company, a subsidiary of Sanwire Corporation (OTC PINK:SNWR), launched global distribution and hired bilingual partners, integrating their platform into these languages.

With partnerships across Latin America, they aim to support the growing Latin music market, which is projected to generate over $1 billion in the U.S. in 2022. Intercept Music now offers distribution to over 230 countries through a collaboration with Ingrooves.

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FAQ

What is the current stock price of SANWIRE CORPORATION (SNWR)?

The current stock price of SANWIRE CORPORATION (SNWR) is $0.0004 as of December 20, 2024.

What is the market cap of SANWIRE CORPORATION (SNWR)?

The market cap of SANWIRE CORPORATION (SNWR) is approximately 893.6K.

What is Sanwire Corporation's focus?

Sanwire Corporation focuses on technologies for the entertainment industry, with a particular emphasis on AI-integrated music marketing through its subsidiary, Intercept Music.

What is Intercept Music known for?

Intercept Music, a wholly owned subsidiary of Sanwire Corporation, is known for introducing cutting-edge AI technology into the music marketing process, empowering artists and musicians to level the playing field with major labels.

Who is the CEO of Intercept Music?

The CEO of Intercept Music is Tod Turner, who expressed enthusiasm about the company's pioneering achievement in introducing AI-integrated music marketing software.

What does Sanwire Corporation offer independent artists?

Sanwire Corporation offers a wide range of marketing and distribution tools through Intercept Music, enabling independent artists to reach their fullest potential in the music industry.

How does Sanwire Corporation stay innovative in the entertainment industry?

Sanwire Corporation stays innovative by focusing on advanced entertainment technologies and consolidating services into a single platform of delivery.

What growth opportunities does AI integration present for Intercept Music?

The integration of AI technology into Intercept Music's software positions the company as a trailblazer in the music marketing space, offering growth opportunities for investors and shareholders.

What is Sanwire Corporation's commitment to independent artists?

Sanwire Corporation is committed to empowering artists and musicians, fostering creativity, and creating a diverse and thriving music ecosystem through its advanced entertainment technologies.

Who is the Chairman and CEO of Sanwire Corporation?

The Chairman and CEO of Sanwire Corporation is Ronald E. Hughes, who leads the company's efforts in advancing entertainment technologies.

What sets Intercept Music apart in the industry?

Intercept Music stands out in the industry by being the first to introduce AI integration into music marketing, offering artists invaluable insights and personalized strategies for promoting their music.

Where can I find more information about Sanwire Corporation?

For more information about Sanwire Corporation, visit their official website at sanwirecorporation.com or contact Ron Hughes, Chairman and CEO, for press and corporate inquiries.

What is Intercept Music's mission?

Intercept Music's mission is to provide independent artists with sophisticated tools and resources to effectively promote their music, build a loyal fan base, and succeed in the music industry.

How does Sanwire Corporation contribute to the digital music landscape?

Sanwire Corporation contributes to the digital music landscape by offering innovative technologies and solutions that empower independent artists to navigate and thrive in the evolving music industry.

What are the key features of Intercept Music's AI-powered platform?

Intercept Music's AI-powered platform offers advanced data analytics, targeted marketing campaigns, personalized recommendations, and audience segmentation, allowing artists to optimize their promotional efforts and engage with their fan base effectively.

What is the significance of AI technology for Intercept Music?

The integration of AI technology into Intercept Music's software represents a major milestone for the company and its shareholders, positioning Intercept Music as a leader in leveraging AI for music marketing and providing growth opportunities in the digital era.

How does Intercept Music empower independent artists?

Intercept Music empowers independent artists by bridging the gap between them and major labels through AI integration, enabling artists to market their music effectively, gain insights into consumer behavior, and enhance their overall fan experience.

What sets Sanwire Corporation apart in the entertainment industry?

Sanwire Corporation stands out in the entertainment industry by focusing on advanced technologies, consolidation of services, and opportunities for independent artists, demonstrating a commitment to innovation and growth.

What is the goal of Intercept Music's latest software update?

The goal of Intercept Music's latest software update is to provide artists with AI-powered features that optimize their promotional efforts, connect with their target audience, and offer personalized marketing strategies to maximize the impact of their music campaigns.

SANWIRE CORPORATION

OTC:SNWR

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