In a recent Motley Fool article titled “These 3 Streaming Companies Crushed it Last Quarter” the author highlights the top three performing streaming companies of the third quarter.
The top three companies mentioned are AT&T (NYSE: T), Walt Disney (NYSE: DIS), and ViacomCBS (NASDAQ: VIAC).
AT&T, through its HBO division added over 1.7 million subscribers last quarter and is expected to continue that growth as it has finally struck a major deal with Amazon.
Walt Disney, through Hulu added over 1.1 million subscribers last quarter. Walt Disney continues to invest in new content for Hulu as well as its ESPN+ which added over 2.8 million subscribers over the course of the quarter.
Finally, CBS added over 900,000 new subscribers during the quarter, getting the boost from Viacom’s library of content from Nickelodeon, BET, Comedy Central, MTV, and Smithsonian. CBS also made a deal with Apple to bundle its services.
The author concludes that these trends will probably continue as Americans are streaming more and more.
Here is one company in the streaming space that the article failed to mention…..
(OTC PINK: SNWR)
Independent musicians total 12 million, and make up the fastest growing sector in the music industry. Without the backing of a record label, they often struggle to promote and get their music distributed to the public.
Sanwire Corporation, (OTC Pink: SNWR) through its wholly owned subsidiary, Intercept Music (www.interceptmusic.com), provides independent musicians a platform to distribute and promote their music utilizing a software as a service (SAAS) model. Intercept has a product line that engages artists early in their career, and then stays with them as they grow.
For only $5.95 per month, 12 million independent artists can now distribute for both streaming and downloads, to hundreds of digital retailers worldwide, including Apple Inc.’s (NASDAQ: AAPL) iTunes and Apple Music, Spotify (NYSE: SPOT), Amazon Music (NASDAQ: AMZN), Pandora (NASDAQ: SIRI), and Google Music (NASDAQ: GOOG).
This is done in conjunction with Universal Music Group’s (NASDAQ: UMGP) wholly owned subsidiary, Ingrooves.
To augment the music distribution network, Intercept’s online platform allows musicians, for $49.95 per month to launch and execute promotion campaigns to maximize reach and audience growth through all of the major social media outlets including; Facebook (NASDAQ: FB), Instagram, Twitter (NASDAQ: TWTR), Tik Tok, and Google’s (NASDAQ: GOOG) YouTube.
Intercept’s online platform was designed as a DIY service with everything an artist would need on a single platform. However, musicians may elect to use, if invited by the company, the Intercept PLUS label services program once they have at least 10,000 fans and meet other minimums. For this Intercept is generating fees in the form of a percentage of sales.
SNWR’s revenues are generated from multiple sources including subscription fees, revenue/profit sharing fees from merchandise, music distribution, and advertising, playlist curation, and targeted marketing campaigns.
The company just announced that they expanded their physical distribution network to include Amazon International (NASDAQ: AMZN), Target.com (NYSE: TGT), Walmart (NYSE: WMT) BarnesAndNoble.com (NYSE: BKS), and Tower Japan.
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