Sanwire (OTC: SNWR), a diversified company with a focus on technologies for the entertainment space, through its wholly owned subsidiary, Intercept Music, has entered into a multiyear marketing and distribution partnership deal with Litco Entertainment. With offices in the United States, Mexico and Brazil, Litco is a global leader in urban marketing. The company has worked on campaigns featuring everything from cannabis and visual arts to extreme sports and BMX racers. According to the announcement, Litco will expand its portfolio by launching an urban music label built on Intercept Music’s platform. Litco has existing relationships in the music business, having worked with artists such as OBI (reggaeton), Tjay, Grand Theft Auto, Offset, Lil Pump, Young Thug, Gunna, Trippie Red, Lil Mosey and Lil Baby. The agreement calls for Litco to begin promoting the new label immediately through its extensive connections in the United States and Latin America. In addition, Litco artists may work with the label platform as well, leveraging the global marketing services from Intercept’s toolbox and experiencing worldwide distribution through InGrooves/Universal Music Group. “We are thrilled to team up with Res (Litco management) and Litco,” said Intercept Music CEO Tod Turner in the press release. “Res’s deep marketing expertise in the music industry will add significant value to our business. Res’s philosophy is all about lifestyle, and Urban Music is one of the centerpieces.”
To view the full press release, visit https://ibn.fm/5BFq9
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. 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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