Sanwire Corporation Expands Live Streaming Growth with Digital Disc Jockeys Network

Rhea-AI Summary

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.

Positive

• Partnership with Digital DJ Pool to enhance music exposure for independent artists.
• Service guarantees at least 500 spins, potentially leading to increased music exposure.
• Expected revenue growth from live streaming starting Q4 2022.

Negative

• None.

Intercept Music, a Sanwire Corp subsidiary, joins forces with Matt Kearney, Co-founder and CEO of one of the world's largest record pool and DJ network, Digital DJ Pool.

SAN FRANCISCO, CA / ACCESSWIRE / November 15, 2022 / Sanwire Corporation ("Sanwire" or the "Company") (OTC PINK:SNWR), an entertainment technology innovator, is pleased to announce that its wholly owned subsidiary, Intercept Music Inc ("Intercept") - a multi-faceted label and artist-centric platform solution provider, has joined one of the world's best and largest live streaming digital disc jockeys ("DJs") network - Digital DJ Pool ("DJ Pool").

Most artists struggle to develop and establish connections with domestic and international DJs to heighten their music exposure. Exploiting relationships with high-profile DJs globally, DJ Pool and Playlisting Service promotes all music genres and conveys a versatile structure to cover vast digital reach for fervid artists.

Intercept is bridging this gap to elevate the creative works of independent artists everywhere by joining forces with DJ Pool. Intercept's service allows musicians to submit music to one of the world's top nightclubs and radio DJs for a one-month campaign. Not only do artists have the opportunity to share their music in front of influential DJs worldwide, but they reap the benefits of receiving valuable feedback from tastemakers, data reports, a user-friendly interface, and global exposure to all genres of music.

Music submissions are sent to over 5,000 DJs, 40,000 nightclubs, and 2,500 radio stations in hundreds of countries when artists purchase DJ Pool and Playlisting. The service guarantees at least 500 spins with the possibility to accumulate over 2,000 spins. In-depth feedback from critical tastemakers and music industry professionals is gifted to artists using the service. Intercept's platform provides the ability to reveal the DJs your music is reaching and their geographical location through a comprehensive heat map. Participants are rewarded with global exposure by accessing all radio stations and nightclubs playing their music from major commercial markets, large metropolitan areas, and even suburban cities and small towns.

Intercept expects this newly created partnership with DJ Pool will increase Intercept's live streaming revenues and potentially start recognizing revenues as early as Q4 2022.

"We're excited to partner with Intercept Music and provide Digital DJ Pool promotion services more accessible for labels and artists," said Matt Kearney, Co-founder and CEO of Digital DJ Pool.

"Music industry participants, such as record labels, individual artists and video services continue to gravitate towards Intercept's innovative technology platform," commented Intercept's President Tod Turner.

"The digital marketing and music distribution that Intercept offers the marketplace is gaining great traction, as we move through the fourth quarter of 2022," quoted Sanwire's CEO, Ron Hughes, "Our exponential growth in total streaming is beginning to take shape. Digital DJ Pools fits very well in our overall organic growth strategy."

About Digital DJ Pool

Digital DJ Pool provides an online, digital and mp3 music record pool, reaching over 10,000 DJs and over 300 FM Radio stations in over 150 countries around the world. Members can upload, stream or download music content as mp3 files, as applicable, through its' subscription service (collectively, the "Service"). Members can access additional features of the Site. The Service is only intended for use by DJs in line with the tradition of record pools and the music industry to promote the music made available on the Site. You must be at least 18 years of age to enroll in the Service.

About Intercept Music Inc.

Intercept Music champions creative iconoclasts. The entertainment technology company harnesses the power of premium distribution, sizzling social media, meaningful marketing, monumental merchandising, and customizable promotional services to empower independent labels and their artists to build audiences and drive revenue. The Software as a Service (SaaS) company focuses exclusively on the independent music market, the fastest-growing sector of the music industry. Learn more at interceptmusic.com or visit Intercept Music's Instagram, Twitter, and Facebook.

About Sanwire Corporation

Sanwire Corporation (OTC:SNWR), a diversified company with a focus on technologies for the entertainment industry, has been involved in aggregating technologies for several years. We look for opportunities in fragmented markets, where technology can be applied to consolidate services into a single platform of delivery. Our current focus is advanced entertainment technologies. For more information, visit sanwirecorporation.com.

For press and corporate inquiries, please contact:

Ronald E. Hughes
CEO, Sanwire Corporation
ron.hughes.management@gmail.com
ir@sanwirecorporation.com, or press@interceptmusic.com

Safe Harbor Statement

This release contains forward-looking statements. All statements regarding our expected future financial positions, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, listing on the OTC Markets, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Sanwire Corporation

View source version on accesswire.com:
https://www.accesswire.com/725732/Sanwire-Corporation-Expands-Live-Streaming-Growth-with-Digital-Disc-Jockeys-Network

FAQ

What is the partnership announced by Sanwire Corporation?

Sanwire Corporation announced a partnership between its subsidiary, Intercept Music, and Digital DJ Pool to enhance music exposure for independent artists.

How many DJs and nightclubs are involved in Intercept Music's new service?

Intercept Music's service connects artists with over 5,000 DJs and 40,000 nightclubs worldwide.

When does Sanwire expect to start recognizing revenue from this partnership?

Sanwire expects to start recognizing revenue from the partnership as early as Q4 2022.

What guarantees does Intercept Music provide for artists using their service?

Intercept Music guarantees artists at least 500 spins and provides detailed feedback from industry tastemakers.

What are the strategic benefits of the partnership for Sanwire Corporation?

The partnership is aligned with Sanwire's growth strategy in the entertainment technology sector, expected to enhance live streaming revenues.