Friendable Inc. (FDBL) Leveraging Fast-Growing Global Online Music Streaming Industry with 360-Degree Artist Offering – InvestorBrandNetwork (IBN) Content Platform

The global online music streaming industry is expected to double in size over the next five years
Friendable is leveraging this industry through its 360-degree artist platforms – Fan Pass Live, Artist Republik, and FeaturedX
The Fan Pass Live artist platform offers independent artists full control over the production, distribution, and marketing of their music – including the resources necessary to collect revenue from it

The global online music streaming industry was valued at $12.83 billion in 2019 and is projected to reach $24.71 billion by 2027, growing at a CAGR of 9.8%, according to an Allied Market Research report (https://ibn.fm/4vHdY). The increase in penetration of 5G, artificial intelligence, and machine learning are all expected to impact this growth positively – including the high-speed data capabilities of 5G, which are 10 times faster than 4G. The Allied Market Research report also cites an increase in on-demand streaming, contributing to more than two-thirds of the market due to pandemic influence.

To capitalize on this market’s expansion, 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, released its flagship offering, Fan Pass Live artist platform, in…