Sanwire (OTC: SNWR), an entertainment technology innovator, and its wholly owned subsidiary Intercept Music, a multifaceted label and artist-centric platform solution provider, are partnering with the world’s leading video network. According to the announcement, the two companies have signed a content licensing and video distribution partnership agreement with Vevo; the agreement calls for Intercept to integrate its global music distribution platform with the music video network. The new collaboration will enable Intercept customers, artists and labels to create and distribute their music videos to Vevo’s network directly from Intercept’s platform; Sanwire noted that the partnership “brings a greater value proposition to each unique artist and recording label” and offers “a new world of opportunity for Intercept’s independent artists and labels to grow in the market and make their voices and presence known.” Intercept artists who host their videos on Vevo will be able to promote those videos across the Vevo network, enjoy strategic editorial support on Vevo’s social networks, and leverage customized and promoted playlisting. “Music videos are a critical component of an artist’s new music campaign,” said Intercept Music CEO Tod Turner in the press release. “With this arrangement, we’ll be able to help our customers and artists create these videos using our professional services, then distribute them automatically to Vevo and coordinate them with the release of their music. Artists earn a premium by distributing to Vevo directly, and the Intercept music connection will make it both easy and transparent.”
To view the full press release, visit https://ibn.fm/0N8R6
About Sanwire Corporation
Sanwire, a diversified company with a focus on technologies for the entertainment industry, has been involved in aggregating technologies for several years. Sanwire seeks opportunities in fragmented markets, where technology can be applied to consolidate services into a single platform of delivery. The company’s current focus is advanced entertainment technologies. For more information about the company, visit www.SanwireCorporation.com or www.InterceptMusic.com.
NOTE TO INVESTORS: The latest news and updates relating to SNWR are available in the company’s newsroom at https://ibn.fm/SNWR
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