Friendable (OTC: FDBL), a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications, has released an update for February noting rising activity and continued growth for its Fan Pass platforms. That growth includes the addition of 317 new artists and a 191% jump in live event streams and performances. Other metrics, including monthly platform impressions, fan/user sessions and social media followers, continued to grow as well. Friendable’s Fan Pass platform launched during COVID-19 as a solution for artists and their fans to remain connected and to continue to provide revenue opportunities for struggling artists. Friendable is confident that its virtual stage will continue to be a solution into the foreseeable future, protecting artist revenue streams should world or even local events limit earning potential. “It has been yet another month of confirming metrics for our team as we continue developing what we believe to be the most complete and really the best artist-centric live streaming platform available for music artists,” said Friendable CEO Robert A. Rositano Jr. in the press release. “Statistics are always invigorating to a team, especially as you continuously test new features, engage artists, fans or even potential sponsors, as we are doing. These efforts are allowing us to continue gaining the knowledge that, we believe, ultimately leads us to our next steps of progress and growth. Although advances are incremental and relatively small, this is by design. . . . We are here to stake our claim and market position, not to be here today and gone tomorrow. We are scaling at a pace that supports infrastructure growth that can keep pace at where we are today. I have no doubt we will continue picking up speed in all areas of our business as we keep putting one foot in front of the other, building this incredible platform.”
To view the full press release, visit https://ibn.fm/e9ehC
About Friendable Inc.
Friendable is a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications. Launched July 24, 2020, the company’s flagship offering is designed to help artists engage with their fans around the world and earn revenue while doing so. The livestreaming platform supports artists at all levels, providing exclusive artist content “channels,” live event streaming, promotional support, fan subscriptions and custom merchandise designs, all of which are revenue streams for each artist. With Fan Pass, artists can offer exclusive content channels to their fans, who can simply use their smartphones to gain access to their favorite artists as well as an all-access pass, giving them access to all artists on the platform. Additionally, the Fan Pass team will deploy social broadcasters to capture exclusive VIP experiences, interviews and behind-the-scenes content featuring their favorite artists — all available to fan subscribers for free on a trial basis. Thereafter, subscriptions are billed monthly at $3.99, or about the cost of downloading a couple of songs, providing VIP access at a fraction of the cost of traditional face-to-face meetups. Friendable Inc. was founded by Robert A. Rositano Jr. and Dean Rositano, two brothers with more than 27 years of experience working together on technology-related ventures. For more information about the company, visit www.Friendable.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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