FDBL - Friendable Inc. (FDBL) Providing Alternative in the Wake of Spotify Controversy
- Friendable’s offering of the Fan Pass Live artist platform and acquisition of Artist Republik provide musical artists with an “anti-label” set of tools to produce, perform, and distribute music
- Pulling music from Spotify is not always the best option, especially when artists need that revenue
- Fan Pass Live offers artists an alternative to lower-paying platforms, allowing artists to keep 100% of ticket sales and tips while receiving revenue from other sources on the platform
- Friendable posts additional contests on Instagram for artists on the platform to participate in to win monetary and physical prizes
The controversy surrounding the recent string of artists removing their music from Spotify has left behind an unsavory view of music streaming platforms. The controversy began when podcaster Joe Rogan provided misinformation about the COVID-19 vaccine during his podcast. This misinformation sparked a letter (with an ultimatum) from music legend Neil Young, which was posted online and then taken down immediately. Still, Spotify began the process of pulling Young’s music, per the ultimatum. Young wasn’t the only one who had reservations about The Rogan Experience podcast, with doctors sending letters to Spotify trying to mitigate what they deemed as misinformation from the podcast.
The entire situation has snowballed, becoming bigger and bigger, and more artists chose to leave the platform. The entire situation has shed light on...
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