Friendable Inc. (FDBL) Fan Pass Live Platform Bridges Gap

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
335
Friendable Inc. (FDBL) Fan Pass Live Platform Bridges Gap Between Artist Performances, Fan Experience

- Fan Pass has completed beta testing for iOS and Android, apps now live in both Apple App Stores and Google Play
- U.S. video-streaming industry expected to reach $842 billion by 2027
- Friendable has partnered with Brightcove for Fan Pass Live Streaming and future OTT platform expansion to include Roku, iOS, Android, Apple TV, Android TV and WWW

With the COVID-19 pandemic still imposing limitations on the general public, mobile technology and marketing company Friendable (OTC: FDBL) is working to bring artists and their fans closer together. The company’s flagship offering, Fan Pass, was launched on July 24, 2020, with the goal of helping artists engage with their fans around the world while earning revenue in the process.

The Fan Pass platform is a solution that enables artists and their fans to connect, offering a variety of different revenue opportunities, content offerings and future features, including:

- Live performances
- Online concerts
- Backstage access – before, during, or after events
- Livestreaming studio sessions
- Behind-the-scenes footage of music video and photoshoots
- Exclusive artist content channels
- Streams that highlight the daily life of the artist

Fans are even able to purchase merchandise through the Fan Pass application from their favorite artists. The goal is to incorporate the artists Fan Pass merchandise into their own merchandise store or section that sells exclusive items, approved by each artist and aimed toward their fans and social followers for purchase.

The company has already successfully tested its new features for livestreaming direct from a smart phone or mobile device and completed beta of each, the iOS and Android applications. Now the Fan Pass mobile and desktop applications (https://nnw.fm/JnCdD) are available for download from the Apple App Store or Google Play store, featuring this new “Go Live” from mobile devices and allowing artists to connect to their fans with a simple few taps on their mobile devices.

“As we continue to nurture our artists and the Fan Pass community, we are pleased to have successfully completed our live streaming feature, which allows artists to broadcast directly from their smartphones or mobile devices,” said CEO Robert A. Rositano Jr. “This is a milestone we expect will elevate our brand, while at the same time serving as a catalyst for all artists to start actively engaging fans via this new feature.”

Artists rely on performances, VIP experiences and other merchandising for a constant stream of revenue. But as the live-music industry has suffered a significant blow as a result of social distancing measures imposed by the current pandemic, artists’ revenue from live performances has also plunged. It is estimated that the pandemic has cost the live-music industry more than $10 billion in sponsorships alone. With its livestreaming feature, Fan Pass is designed to bridge that gap and increase performing artists’ revenue while catering to fans’ needs across the globe.

Through its offering, Friendable can capitalize on the fast-growing video streaming market, which has started expanding even further during the pandemic. Video streaming in the United States is expected to reach $842 billion by 2027 (https://nnw.fm/RL6Vx). Friendable’s potential is clearly reflected by its recent growth. Between September 4 and October 12, the Fan Pass platform took on 246 new artists, accounting for a 410% increase in just six weeks.

To expand the reach of its platform, the company has partnered with Brightcove, which will enable specific targeting of the streaming media industry. The goal is to target OTT platform expansion through industry leaders such as Roku, Android, iOS, Apple TV, Android TV and WWW. According to data collected from Livestream.com, 45% of live-video audiences would pay for services such as exclusive, on-demand events. Through Fan Pass, Friendable will be able to capitalize on this market.

The company is also working on facilitating the next phase of growth, seeking an additional $1 million in equity investments and follow-on funding that will meet or exceed $5 million. These investment funds would be used to drive technological advances, increase the headcounts, and secure additional celebrity talent for marketing and promotions.

For more information about Friendable or the Fan Pass platform, services and offering, visit the company’s website at www.Friendable.com or www.FanPassLive.com.

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

Friendable, Inc. (FDBL) Stock Research Links

FDBL Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

White House Photographer Reveals Unseen Historic Moments

Updated Category News Views 94

You don’t just wander into the White House and leave unimpressed, not if you're someone who lived it like David Hume Kennerly. Imagine stepping behind those gates and through history's lens, capturing moments few had the privilege to see. Kennerly's debut as the Chief White House Photographer was at a turning point in America, just after the Nixon saga collapsed in...

Continue Reading
Boardwalk Welcomes New CFO: What This Means for Growth

Updated Category News Views 77

Boardwalk's Leadership Shift: Enter Scott Wexler Nothing spices up a pipeline company's menu like a fresh plate of leadership. Boardwalk Pipelines, out in Houston, just handed the keys to their finance dungeon over to Scott Wexler. He's stepping in as the chief financial officer and senior VP of corporate strategic development, an upgrade that got announced today. Packing...

Continue Reading
EzAccounting: Your Q3 IRS Filing Gets a No-Nonsense Tool

Updated Category News Views 19

Taking Tax Deadlines Head-On Tax season's got businesses sweating all over the country, but it doesn't have to be a full-scale panic attack if you've got the right gear. That's where ezAccounting steps in, dishing out a reliable solution to hit those looming IRS Form 941 deadlines without a migraine. By November 2, 2026, companies are looking to dodge the bullet of...

Continue Reading
Markel's Reinsurance Shift with $4.8B Deal: Strategic Move?

Updated Category News Views 29

Weaving Through Complex Insurance Terrain When Markel Insurance pulls a move on the chessboard that involves $4.8 billion in subject reserves, we better pay attention. The insurance bigwig has inked a reinsurance deal with Enstar. This plan, they say, will help them focus more on their specialty insurance game while tidying up the loose ends in their global reinsurance...

Continue Reading
LUNGevity's Bold $1M Bet on Lung Cancer Research

Updated Category News Views 24

Investing in the Future of Lung Cancer Research Damn, you don't see this kind of commitment every day! LUNGevity Foundation is dropping over a million bucks on the table to swell the ranks of lung cancer researchers. They're not just tossing dollars at established players; they're betting on fresh minds to shake things up in this critical field. Tackling lung cancer isn't...

Continue Reading
Pave and Levels.fyi Unite: Revolutionize Pay Decisions

Updated Category News Views 17

Diving straight into the heart of it, here's a move in the business world that's all but marking its territory on the compensation landscape. Pave, already a big player in agentic compensation management, is shaking hands with Levels.fyi, a platform prized for its real-deal compensation data detailed down to the company, level, location, and skill. These folks are...

Continue Reading
Navigating Gas-to-AI Power: Challenges & Opportunities

Updated Category News Views 19

Natural Gas Abundance Meets Conversion Hurdles It’s a wild scene when you've got oodles of natural gas but struggle to get it into AI data centers. That’s the picture today: U.S. gas production hitting a high of 137 billion cubic feet daily, while converting that gas into practical energy is the real challenge. You see, the gas market is ready to rumble, ticking...

Continue Reading
Aktia Bank: Steady Ratings, Focused Expansion in Europe

Updated Category News Views 67

Aktia's Ratings Get a Boost In the world of financial minutiae, it was S&P Global Ratings that took the stage, buzzing about Aktia Bank Plc. The bank just had its ratings held steady with an outlook lift from negative to stable. That's like someone throwing you a life jacket when you're treading water; significant if you're trying to stay afloat, not so much if you've got...

Continue Reading
Fed Holds Steady, But CD Rates Climb: Savers' Edge

Updated Category News Views 37

The Fed Sits Tight, But CD Rates Surge Isn't it a kicker when the Fed holds rates steady, yet the CD market is buzzing like a crowded trading floor on a bull run? We've seen the Federal Reserve hold its ground without budging interest rates, keeping everyone guessing while inflation's still a shadow in the corner. But the star of the show here isn't the Fed's poker...

Continue Reading
Rothera's KPI Swap Approval: A Financial Game Changer

Updated Category News Views 107

Revolutionizing Risk Management with KPI Swaps Boy, if there's one thing that gets my ticker going, it's the buzz of innovation in financial markets. Rothera just landed a CFTC stamp of approval for something that's about to shake up how institutional traders manage risk: Key Performance Indicator (KPI) swaps. And can you believe it? This isn't just another derivative...

Continue Reading

Top 5 Most Recently Viewed Articles

Kenmare Resources Shares Insights on WCP A Project Progress

Updated Category News Views 200

Kenmare Resources Offers Insights on Wet Concentrator Plant A Kenmare Resources plc, a prominent player in the global titanium minerals and zircon market, recently provided important updates on its Wet Concentrator Plant A upgrade project. This facility plays a critical role in the company’s operational excellence and future growth. Progress on the Upgrades Under the...

Continue Reading
Aging at Home: The Real Costs and Obstacles Ahead

Updated Category News Views 38

Facing the Realities of Aging In Place Alright, let's talk straight. Everyone dreams of staying home in their twilight years, kicking back in their favorite chair with family nearby. But the harsh truth? That comfort comes with a price tag. According to Northwestern Mutual's 2026 Planning & Progress Study, up to 83% of Boomers+ and most other generations fancy the idea of...

Continue Reading
Evaluating Health Stocks: UnitedHealth, CVS, and Cigna's Resilience

Updated Category News Views 225

Introduction: A Closer Look at Health Stocks The Federal Trade Commission (FTC) is currently examining the pharmacy benefit managers (PBMs) of leading companies like UnitedHealth Group Inc (NYSE: UNH), CVS Health Corp (NYSE: CVS), and Cigna Group (NYSE: CI). This scrutiny raises questions for investors about which of these healthcare giants can weather the impending...

Continue Reading
HUB24 Reports Record Inflows, Shares See Significant Surge

Updated Category News Views 274

HUB24 Reports Major Quarterly Growth The wealth management platform HUB24 Ltd (ASX: HUB) has made headlines recently, witnessing a significant surge in its share price. The increase came after the company shared impressive quarterly net inflows, alongside revealing ambitious strategic plans. Record Quarterly Net Inflows HUB24 announced that it achieved record platform net...

Continue Reading
Gabelli Global Trust Announces Ongoing Monthly Distributions

Updated Category News Views 116

Gabelli Global Utility & Income Trust Sustains Monthly Cash Distributions The Gabelli Global Utility & Income Trust (NYSE American: GLU) has reiterated its commitment to providing consistent monthly distributions to its shareholders. This initiative underscores the Trust's ongoing strategy aimed at delivering robust financial returns while focusing on tax-advantaged...

Continue Reading