Sanwire (OTC: SNWR), an entertainment-technology innovator, today provided revenue growth and guidance for its wholly-owned subsidiary, Intercept Music Inc. According to the update, Sanwire’s revenues for the second quarter ended June 30, 2022 (“Q2/2022”) have increased approximately 175% as compared to the quarter ended June 30, 2021. The company will be publishing its Q2/2022 financial statements and operational performance in the coming weeks. “We are very excited about our revenue growth and feel very good about the way we have refined and customized our offerings,” said Tod Turner, president of Intercept. “Our growth in revenues provides us with the confidence that we are on the right track, and the success of our artists provides us with the metrics that we are delivering a premium service to our artists.”
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About Sanwire Corp.
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 at https://ibn.fm/SNWR
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