Friendable (OTC: FDBL) has seen consistent growth across all facets of the business since acquiring Artist Republik, including FeaturedX, in January 2022. “The company has recently reported on its first 100 days of growth for its 360 artist platform offering with a lot of the increase in numbers being closely attributed to Friendable’s Fan Pass Live artist platform taking the Artist Republik brand under its wing and successfully upgrading systems, rebuilding technologies, migrating/consolidating support, cross-promoting the entire 360 artist offering, and integrating brand messaging,” a recent article reads. “The company’s efforts have led to visible key indicators of growth and scale… The key metrics being reported for Artist Republik during the first 100 days of 2022 (January 4, 2022 – April 21, 2022) include: revenue per subscriber – up 107.3% (an average of $10.72 per subscriber); spend per customer – up 28.3% (an average of $34.12 per customer); and subscriber lifetime value (‘LTV’) – up 168.5% (an average LTV of $214.45)… Friendable CEO Robert A Rositano explained that the company continues to be on the correct path, doing everything at a pace the business can keep up with, as it continues to explore new avenues and opportunities for explosive growth.”
To view the full article, visit https://ibn.fm/gZvHi
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 Store and Google Play Store 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 pivoted its business focus to its Music Artist Offering, a one of a kind 360 artist platform. The offering now includes music production/collaboration, music distribution — Spotify, SoundCloud, Play Listing, livestream/live events, promotions, ticket sales, behind the scenes, merch designs/store/ship, tips, fan interaction, subscription offerings and more, which all equal revenue sharing and earning for all music artists. It is the company’s goal to become the new launch point for indie artists, as well as artists at all levels, as they build engagement, revenue and fans/followers. 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, with its acquisition of Artist Republik and FeaturedX in January 2022. 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, www.FanPassLive.com and www.FeaturedX.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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