Friday, April 29, 2022

Friendable Inc. (FDBL) Overcoming Obstacles Limiting Independent Music Artists; 360 Platform Offering is The First to Pave Anti-Label Movement

 

  • Acquired in January 2022, Artist Republik and FeaturedX, in conjunction with the Fan Pass Live artist platform, have created a 360 platform offering for music artists looking for independence from label control
  • Artists are not the only ones benefiting from Friendable’s offering – fans are also gaining access to their favorite artists without the boundaries implemented by traditional record labels
  • Friendable’s 360 offering allows artists to receive more revenue through fan subscriptions, ticket sales, tips, merchandise, and more
  • Since launching the 360 platform, Friendable has seen consistent (and positive) growth across social media platforms, including a larger online presence

Major limitations exist in the music industry for independent artists trying to enter and make a name for themselves. In addition to the lack of support and overwhelming control by a music label, there are overwhelming amounts of fees that result in revenue loss, at times up to 90%. These strict contracts and financial burdens often make it hard for artists to find footing in the industry and can either hinder advancement or completely quash their dreams before they can try reaching them.

Friendable (OTC: FDBL) is disrupting the music industry by offering music artists the first 360 artist platform for production, distribution, and marketing. In conjunction with Artist Republik and FeaturedX, the Fan Pass Live artist platform takes gatekeepers and intermediaries out of the equation, leaving artists 100% in control of their music careers.

The Fan Pass Live artist platform offers an incentive for both artists and fans. Artists gain the benefits of:

  • Music distribution and management
  • Music production assistance
  • Press release and Instagram promotion
  • Digital storefront activation
  • Artist marketplace for collaborators
  • Merchandise, logo, and promotional design support
  • Virtual concert booking and ticketing
  • Mobile streaming services
  • Livestreaming support
  • Revenue from fan tips, monthly artist contests, merchandise, and ticket sales
  • Access to fan data and performance analytics
  • Monthly artist contests
  • NFT development and metaverse performances (coming soon)

Fans get the opportunity to experience:

  • Exclusive access into the artists’ lives
  • Browse for upcoming events
  • Backstage access before, during, and after an event
  • A single dashboard to view notifications, discussions, and artists
  • Real-time interactions through livestream
  • Exclusive videos and one-on-ones
  • Behind-the-scenes access to videos and music performances
  • Access to exclusive artist merchandise

In January 2022, the Fan Pass Live artist platform became the first 360 platform offering for music artists following the successful acquisition of Artist Republik and FeaturedX. Since then, the 360 platform offering has seen positive growth. “From social media to revenue and user increases, as well as steady growth in key categories, it tells us everything we need to know about the path we are on as a Company, platform, team, and community of fledgling artists, fans and investors all seeking to facilitate the launch and discovery of artists worldwide as we build a brand that stands alongside each one,” CEO Robert A. Rositano Jr. said in a recent press release (https://ibn.fm/h2pBn).

Besides growth metrics, Friendable highlighted all industry stressors and the benefits of having the 360 platform available for independent artists in their newest corporate presentation (https://ibn.fm/X6cTD). The Fan Pass Live app is available on Google Play and the Apple Store. You can follow Fan Pass Live on Instagram at @fanpasslive – where the latest information on artist contests and promotions is available.

For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.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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