- Friendable began the New Year by announcing the acquisition of Artist Republik – a platform for music production, distribution, marketing, and management
- The acquisition of Artist Republik brings close to 100,000 artists to the company and triples the technology deck
- Services are provided on a subscription basis or a la carte, depending on the need of the artist
So far, 2022 has been kind to Friendable (OTC: FDBL), a mobile technology and marketing company focused on the development and identification of products, services, and brand opportunities with mass-market potential and scalability. During mid-to-late-2021, the company successfully completed its 90-day plan, with significant milestones achieved, including the release of a new Fan Pass Live app on popular mobile app stores, as well as a new website version.
Since celebrating the New Year, one of the biggest announcements by the company has been the acquisition of Artist Republik, a 360-degree platform for independent artists that provide:
- Music production: Submit songs, EPs, and albums to professional audio engineers who can then mix and master your song.
- Music distribution: Independent artists can stream their songs on platforms like Spotify, Apple Music, and more.
- Music marketing: Artists can promote their music and grow their fanbase.
Paired with Friendable’s flagship offering, the Fan Pass Live artist streaming platform, Artist Republik adds close to 100,000 new artists to the company’s artist portfolio and triples the technology deck between the two companies.
CEO and Co-Founder of Friendable, Robert A. Rositano Jr., has talked extensively about the driving factors behind the acquisition of Artist Republik and the benefits it brings. “Artist Republik has experienced great momentum in music distribution, and now Friendable and Fan Pass are the beneficiaries of approximately 100,000 artists alongside these revenues that exceeded $450,000 in approximately eight months of 2021, of which our combined audit and 10k will provide all the details when filed,” he said.
He explained that Friendable has the need to update technologies, bug fix, and expand resources to increase current and historical revenues, so it was a real no-brainer for the company to pursue the opportunity and acquire Artist Republik. “It was a bonus to have such great synergies with our branding, marketing, people, technology, and relationships, as well,” Rositano Jr. added (https://nnw.fm/u5eL0).
Artist Republik has an a la carte distribution menu. Independent artists can submit one song, a five-song EP, or an entire album for set pricing – or – for $9.99 a year, artists can purchase an unlimited music distribution package to release as much music as they’d like.
Fan Pass Live also offers a la carte services to its artists through their Artist Pro Services offering. Pro Services include artist/band logo design, merchandise design, and marketing material packages. The Fan Pass Live application is available on Google Play and the Apple Store. Fans pay $2.99 per month to access exclusive artist content after their free seven-day trial. Together, Fan Pass Live and Artist Republik offer a complete package, from creating music to distributing it, and sharing it with their fans.
Friendable is looking ahead to 2022, and Rositano Jr. confirmed the company has big plans for the year. “We believe these most recent milestone achievements have validated our approach to becoming a true artist partner, listening, testing, supporting, and executing on everything we set out to accomplish, one goal at a time, and now it’s time to monetize as we build scale,” he said, adding that the company’s offering has now caught up with artists’ specific needs, requests, and desires.
“We now have the credibility, making 2022 the perfect opportunity for scaling revenues, number of artists, and fan subscribers on the platform. Stay tuned for some exciting service offering announcements as we expand into various channels of music distribution and discuss all there is to know about Artist Republik and our integration path,” he explained (https://nnw.fm/7JGdj).
NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at https://nnw.fm/FDBL
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