Major Record Labels Feeling Strain from DIY Music Production and Distribution Services Like Friendable Inc.’s (FDBL) 360-Degree Artist Platform
Based on Spotify data, the number of uploads on the platform has increased, but record labels are losing control of these uploads – diluting the market share Some labels have halted any DIY artist distribution operations and are only offering services to invited artists Friendable’s Fan Pass Live (including Artist Republik and FeaturedX) is the “anti-label” collection of services for independent artists looking to produce, distribute, and market their music without major record label control Fan Pass Live is giving the top three tip earning artists free merchandise in June (up to a $400 value) Major record labels are beginning…