- Fan Pass Live was released by Friendable in July 2020, and Artist Republik’s acquisition was completed in January 2022
- Friendable is positioned to leverage two markets – music streaming and music distribution services, capitalizing on technological advancements and the shift to digital platforms
- The global music streaming market was valued at $24.4 billion in 2020 and is expected to reach $76.9 billion by 2027
- The global music distribution services market was valued at $911.87 million in 2020 and is expected to reach $1.7 billion by 2030
In a movement of true independence for recording artists, Friendable (OTC: FDBL) is making a statement with its “anti-label” offerings – Fan Pass Live and the recently acquired Artist Republik. Three primary record labels rule the music industry – Sony Music, Warner Music, and Universal Music – each taking their revenue cut from the artists signed to them. The “anti-label” movement cuts out the contracts and high fees for distribution, leaving artists in control of their music once more.
Released in July 2020, The Fan Pass Live artist platform is an online stage where artists can stream and perform music live for fans, all from a mobile device. The platform also offers artist channels, merchandise, and promotion options for…
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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