FDBL - Helping Independent Artists Take Back Ownership of Their Music Through Friendable Inc.'s (FDBL) 360-Degree Platform
- Music artists often find that major labels do not provide them with the support they need as an artist and are put off by the excessive fees taken for production, distribution, and promotion of music
- Fan Pass Live is now the ultimate 360-degree anti-label offering for musicians, allowing them to keep control of their music and receive higher revenue
- Fan Pass Live offers musicians the tools necessary to produce, distribute, and promote their music without hefty fees or loss of ownership, while also providing artists additional means of revenue through monthly contests
When an artist signs with a music label, most are required to assign the master rights of their songs to the label. The label is then responsible for duplicating, distributing, and marketing the recordings on behalf of the artist. Labels then earn revenue from the artist’s music when it is sold, performed, or used under master licensing. The amount of control the label has over the artist’s career and earnings has become a serious topic amongst independent artists looking to produce, distribute, and promote their music. Friendable (OTC: FDBL), a mobile technology and marketing company focused on developing and identifying products, services, and brand opportunities with mass market potential and scalability, is addressing this concern and opening doors for independent music artists through its flagship offering, Fan Pass Live, and acquired platforms Artist Republik and FeaturedX.
The company’s presentation discusses the fees associated with traditional label control on a music artist’s offering (https://ibn.fm/xiv93). According to Friendable, on average, a music artist loses 90% of streaming revenue to labels, 10% to booking agents, and 15-20% of overall income to...
NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@NetworkNewsWire.com
InvestorWire is part of the InvestorBrandNetwork.