$FDBL Friendable, Inc. Announces Acquisition of Ic
Post# of 103079
Acquisition will add approximately 100,000 active music artists, various music distribution services, increased revenues along with more than tripling the Company’s technology assets
CAMPBELL, Calif., Jan. 11, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Friendable Inc. (OTC: FDBL) (the “Company”), a mobile technology and marketing company, is pleased to announce its acquisition and business combination between Fan Pass Live and Artist Republik. This announcement marks the Company’s closing of this restricted equity-based transaction and confirms Artist Republik is now officially a Friendable, Inc. company, alongside Fan Pass.
This acquisition allows Fan Pass Live to leverage existing, new, and acquired technologies, along with the Company’s current resources, to ramp up the historical and ongoing revenues achieved by the Artist Republik music distribution services to date. The acquisition will solidify the platform’s all-encompassing suite of products and services as well as grow revenues, while delivering a multitude of expanded services that empower and allow artists, particularly independent artists, to gain more control over their music, positioning Fan Pass Live as the only all-inclusive artist offering.
https://finance.yahoo.com/news/friendable-inc...00100.html