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Friendable Inc. (FDBL) Shares Fan Pass Live Milestones and Major Acquisition, Plans for Upcoming Year
January 20, 2022

Friendable Inc. (FDBL) Shares Fan Pass Live Milestones and Major Acquisition, Plans for Upcoming Year

  • President and CTO Dean Rositano was invited to be a new member of the prestigious Rolling Stone Culture Council – an invitation-only network of leaders who are on the cutting edge of culture, community, and the Rolling Stone brand
  • Artist Republik will join Fan Pass Live as a Friendable Company, increasing the number of artists on the platform
  • CEO and Co-Founder Robert Rositano Jr. explained that one of the company’s main goals has always been to test multiple entry points to gain exposure in the music industry for artists and fans alike

Mobile technology and marketing company Friendable (OTC: FDBL) has achieved several important milestones throughout 2021 and has big things planned for the new year as well, focusing mostly on further scaling its Fan Pass Live artist streaming platform offering and expanding its industry relationships. Taking one step closer to achieving the latter, the company announced that President and CTO Dean Rositano was invited to be a part of the prestigious Rolling Stone Culture Council (https://ibn.fm/lbXDe).

The Council is an invitation-only network of leaders who are on the cutting edge of culture, community, and all it takes to be associated with the Rolling Stone brand. Mr. Rositano was invited to be a part of this community because of his contributions to the music, entertainment, and technological industries. This includes his successful development of automated solutions, services, and technology that enable artists to take true ownership and control over their music and careers. Mr. Rositano has the honor of joining senior leaders from across North America and Europe in music, art, technology, fashion, gaming, media, sports, and entertainment.

“Mr. Dean Rositano is an inspiring leader, and we value the knowledge and experience he brings to this community,” Council Co-Founder Scott Gerber said. “The Council brings together members with the right mix of expertise, passion, and energy to do great things. Individuals, businesses, and industries all benefit from the learning and collaboration happening inside.”

The announcement follows another major milestone that was recently announced by the company: the closing of the acquisition of Artist Republik, a reputable music distribution company (https://ibn.fm/4fIiX). Following the acquisition transaction completion, Artist Republik is now officially a Friendable Inc. company alongside Fan Pass Live. The new acquisition will add approximately 100,000 artists to the platform and triple the technology deck.

The acquisition comes after approximately one year of talks and negotiations between the two companies to seal a partnership, as Artist Republik was moving toward the development of livestream services and Fan Pass was moving toward its own music distribution offering. According to CEO Robert Rositano Jr., Friendable was also able to retain the Artist Republik CEO and CTO as initial consultants after the acquisition, assisting with integration efforts and expanding the service offering.

Artists will also receive more autonomy and freedom over their music, ticketed streams, blog/social promotions, exclusive merchandise development, sales, and more. All of this is available to artists without the requirement to give up their musical rights.

Friendable also provided the public and its shareholders with a summary of milestones for 2021 and the plans made for 2022. The company has come a long way since its flagship offering, Fan Pass Live artist streaming platform, was released in July 2020, with 16 artists performing live on the platform at the time of the launch. In February 2021, the platform set a record for artist signups, reaching over 350% growth compared to the previous month, including 100% growth in livestream events. By July 2021, when an updated version with new features and options was released, the platform had surpassed 5,000 artist members.

In a company press release detailing achievements and strategies, Rositano Jr. thanked all artists members, fans, partners, supporters, team, and shareholders (https://ibn.fm/ysLxn). “We would not be here without each and every one of you pulling for us, and the progress certainly shows we are on the correct path,” he said. Rositano Jr. also said new service offerings will be announced soon as the company expands into various channels of music distribution, working towards the same goal of scaling revenues, number of artists and fan subscribers on the platform.

For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com.

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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