Friendable (OTC: FDBL), a mobile technology and marketing company, has acquired Artist Republik, an innovative, decentralized music business networking that allows indie music artists worldwide to control their own careers through networking, centralized resources, and AI-based management tools. According to the announcement, the acquisition will add some 100,000 active music artists as well as various music distribution services to the company’s existing assets. In addition, the company noted the potential for increased revenues and technology assets. Artist Republik now joins FDBL’s Fan Pass platform as a powerful option for artists. The company noted that the acquisition allows Fan Pass Live to benefit from existing, new and acquired technologies as well as solidify the platform’s all-encompassing suite of products and services. The platform, which is the only all-inclusive artist offering, delivers an array of services that support and assist artists in gaining more control over their music. “With the decades-long struggle artists face due to the confines of a record label company, we wanted to provide the opportunity for artists to regain control right from the start,” said Friendable CEO Robert A. Rositano Jr. in the press release. “The acquisition of Artist Republik is more significant than what lies on the surface, as we have also been able to retain the Artist Republik CEO and CTO as initial consultants, assisting with our integration efforts and expanded the offering. Additionally, the Artist Republik brand has received numerous accolades from trade and industry publications such as Billboard and Forbes magazines, which align perfectly with the press efforts of our current team at Lobeline Communications as they continue to spread the word about our brand to artists and the entertainment trade press in general. . . . Our services are designed to elevate each artist, garner new fans, build awareness and exposure, and, most of all, build revenue that the artist keeps, rather than paying back debt created by label advances.”
To view the full press release, visit https://ibn.fm/TPMmk
About Friendable Inc.
Friendable is a mobile technology and marketing company focused on developing and identifying products, services and brand opportunities with mass market potential and scalability. The company published its first mobile application in the Apple App Store and Google Play Store in 2014 in the social networking and dating category. The Friendable app achieved more than 1.5 million downloads and top-10 worldwide rankings, and has led to celebrity-related marketing opportunities and various relationships with well-known music artists as well as up-and-coming independent artists. Friendable has since removed the social dating app from the app stores and has pivoted its business focus to Fan Pass, its livestream artist platform. Launched July 24, 2020, the Fan Pass livestream platform has proven invaluable for artists and fans alike as performances shifted from the stage to the screen. Friendable was founded by brothers Robert A. Rositano Jr. and Dean Rositano, who have more than 27 years of experience working together on technology-related ventures. For more information about the company, visit www.Friendable.com.
NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL
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