NetworkNewsBreaks – Friendable Inc. (FDBL) Using
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Posted On: 06/10/2022 4:07:33 PM
NetworkNewsBreaks – Friendable Inc. (FDBL) Using Music Technology to Disrupt Record Label Industry
Friendable (OTC: FDBL), in addition to its flagship offering, Fan Pass Live, acquired Artist Republik and FeaturedX to create a 360 platform for independent artists looking to remain in control of their music. “The platform was designed to address what is a glaring problem with the record label industry. On average, artists are losing 90% of their streaming revenue to their label, 10% to booking agents, and 15-20% of their overall income to management. Additionally, many artists who sign with a label feel a lack of support and a massive burden of being controlled by these labels. What might have worked a decade ago is no longer working today, and the labels have to adapt if they wish to keep their clientele. The Rositano brothers are using music technology to disrupt this industry, currently valued at $62 billion,” a recent article reads. “Friendable’s 360 platform changes how independent artists experience the industry – through Fan Pass Live, Artist Republik and FeaturedX. There are no intermediaries, no gatekeepers, and artists remain 100% in control of their careers. The Fan Pass Live offering provides artists with the production, distribution and marketing avenues necessary to ‘be their own boss’ by using the one-stop shop 360 platform offering.”
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 (OTC: FDBL), in addition to its flagship offering, Fan Pass Live, acquired Artist Republik and FeaturedX to create a 360 platform for independent artists looking to remain in control of their music. “The platform was designed to address what is a glaring problem with the record label industry. On average, artists are losing 90% of their streaming revenue to their label, 10% to booking agents, and 15-20% of their overall income to management. Additionally, many artists who sign with a label feel a lack of support and a massive burden of being controlled by these labels. What might have worked a decade ago is no longer working today, and the labels have to adapt if they wish to keep their clientele. The Rositano brothers are using music technology to disrupt this industry, currently valued at $62 billion,” a recent article reads. “Friendable’s 360 platform changes how independent artists experience the industry – through Fan Pass Live, Artist Republik and FeaturedX. There are no intermediaries, no gatekeepers, and artists remain 100% in control of their careers. The Fan Pass Live offering provides artists with the production, distribution and marketing avenues necessary to ‘be their own boss’ by using the one-stop shop 360 platform offering.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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