FDBL - Smartphone Use Increase Driving Music Streaming Growth With New Opportunities for Friendable Inc.'s (FDBL) Fan Pass Platform
- The music streaming industry was valued at $20.9 billion in 2019 and is expected to reach $76.9 billion by 2027
- Friendable Inc.’s flagship product, Fan Pass, provides artists with a platform to share their music and fans a place to go to listen to their favorite artists or find new ones to listen to
- Artists without representation have Pro Services options on the platform, making it easier to promote their music, create merchandise, and access digital design services
- Friendable is focused on continuing to test new options and grow the platform’s number of members and users for the remainder of the year
Since 2016, the number of smartphone users worldwide has increased by 73.88%, resulting in approximately 80.76% of the world’s population owning smartphones (https://ibn.fm/pcPxu). Unlike standard mobile devices used for talk, text, and pre-installed 8-bit games, the smartphones of today are handheld computers that are carried in pockets, purses, or held in mounted devices in our cars. Our smartphones have replaced other objects used in daily life – including cameras, calculators, photo albums, camcorders, books, CDs, and more.
One market that has been altered by technology is entertainment, more specifically, music. Throughout the years, there have been many ways of listening to music. Depending on what generation a person belongs to...
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