FDBL - Friendable Inc. (FDBL) Promoting Free Unlimited Music Distribution in April Artist Contest; Bonus 'Grow With Us' Campaign for Promotion
- Friendable acquired Artist Republik and FeaturedX in January 2022 – bringing together a full-service artist offering without the need for label control
- Fan Pass Live artist platform lets artists earn revenue for all aspects of their music, including fan subscriptions, contests, ticket sales, tips, and more
- For April, Fan Pass Live is offering the top five artists with the most ticket sales the opportunity to win free, unlimited music distribution for a year
- Friendable will be integrating a non-fungible token (“NFT”) offering in the future, adding another stream of revenue for artists, by enabling fans to trade and sell these tokens
- The global music streaming market was valued at $29.45 billion in 2021 and is expected to continue growing, with technological advances playing a major role in the expansion, especially the use of smart devices for distribution and production
Friendable (OTC: FDBL), is addressing an unmet need in the music industry for independent artists. The current structure requires artists to sign with labels, booking agents, and managers to acquire the resources necessary to record and distribute their music – not with Friendable’s 360 artist offering. Statistics show that most artists lose 90% of their streaming revenue to record labels, 10% to booking agents, and 15%-20% is spent in manager fees. Friendable’s 360 offerings are working with independent artists to help them take control of their music once more.
In January 2022, Friendable completed its acquisition of Artist Republik and FeaturedX – which has made its flagship offering Fan Pass Live an all-inclusive solution for...
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