NetworkNewsBreaks – Friendable Inc.’s (FDBL) Fan Pass Platform Records 14,000% YOY Increase in Revenue, 8,000% YOY Increase in Artists
Company: Friendable Inc. (FDBL)
Category: Stock Spotlights
March 11, 2022
Friendable (OTC: FDBL) closed out a successful 2021 and rang in the new year with the acquisition of Artist Republic and an uptick in metrics that facilitate its goals for the growth of the Fan Pass Live artist platform. “In addition to making a serious impact on social media (IG, Twitter, Facebook), Friendable recorded a 14,000% YOY increase in revenue, resulting in more than $20,000 for January 2022. The Fan Pass Live artist database increased by more than 8,000% YOY, topping 105,000 artists. In addition to these artists, the company has now added music distribution with the Artist Republik acquisition,” a recent article reads. Access to the growing music distribution industry will likely help drive further growth of Fan Pass Live. According to CEO Robert A. Rositano Jr., the company intends to continue iterating, upgrading and adding new offerings to its platform, assisting artists in earning revenue and maintaining control. “Priority is staying focused on our business aims — building revenue, artists, fans, and content — which remain the current and future pillars of our success,” the Friendable CEO explained.
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About Friendable Inc.
Friendable is a mobile technology and marketing company focused on developing and identifying products, services and brand opportunities with mass market potential and scalability. Friendable published its first mobile application in the Apple App Stores and Google Play stores in 2014 in the social networking and dating category. The Friendable app achieved over 1.5 million downloads, top 10 worldwide rankings, and has led to celebrity-related marketing opportunities and various relationships with well-known music artists as well as up-and-coming independent artists. Friendable has since removed the social dating app from the app stores and has pivoted its business focus to Fan Pass, its livestream artist platform. Launched July 24, 2020, the Fan Pass livestream platform has proven invaluable for artists and fans alike as performances shifted from the stage to the screen. Friendable was founded by brothers Robert A. Rositano Jr. and Dean Rositano, who have more than 27 years of experience working together on technology-related ventures. For more information, visit https://ir.Friendable.com and www.FanPassLive.com.
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