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Friendable Inc. (OTC: FDBL) Fills Gap in Massive Live-Streaming Market

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Friendable Inc. (OTC: FDBL) has launched its Fan Pass platform, aiming to capitalize on the growing video streaming market, valued at $50.11 billion in 2020 with a projected CAGR of 21.0% through 2028. The platform allows artists to engage fans with exclusive content, generating revenue through subscriptions priced at $3.99/month after a trial period. The platform addresses significant needs for artist visibility while leveraging cloud and AI technologies for enhanced streaming experiences. Founders Robert and Dean Rositano Jr. bring 27 years of tech venture experience to this initiative.

Positive
  • Launch of Fan Pass platform focusing on artist-fan engagement.
  • Addresses market gap in video streaming with exclusive content.
  • Revenue potential through low-cost subscriptions at $3.99/month.
  • Experienced founders with a strong tech background.
Negative
  • None.

NEW YORK, April 22, 2021 (GLOBE NEWSWIRE) -- NetworkNewsAudio – Friendable Inc. (OTC: FDBL) announces the availability of a broadcast titled, “Savvy Companies Seizing Live-Streaming Opportunity in Massive Market, Adding NFTs to Artist Offering.”

To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast

To view the full editorial, please visit: https://www.nnw.fm/jVxqZ

With traditional media in decline, the trend towards streaming has created a massive marketplace with no signs of slowing down. Underpinned by growing adoption of cloud-based solutions to increase the reach of video content, with blockchain and artificial intelligence technologies improving video quality and ever-growing popularity of mobile devices, analysts at Grand View Research peg the global video streaming market at $50.11 billion in 2020 with robust 21.0% compound annual growth expected to 2028. . . .

Against that backdrop, the last year has been an opportune time for Friendable Inc. (OTC: FDBL) to launch its Fan Pass mobile and desktop platform as a novel entertainment service for both artists and their fans/consumers. Created by Robert Rositano Jr. and Dean Rositano, serial entrepreneurs with a track record of success, Friendable’s Fan Pass platform addresses a gap in the video-streaming market by giving artists and fans what they want: more insight into the ongoings of artists, musicians and celebrities through exclusive content offered by the Fan Pass service offerings.

About Friendable Inc.

Friendable is a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications. Launched July 24, 2020, the company’s flagship offering is designed to help artists engage with their fans around the world and earn revenue while doing so. The live-streaming platform supports artists at all levels, providing exclusive artist content “channels,” live event streaming, promotional support, fan subscriptions and custom merchandise designs, all of which are revenue streams for each artist. With Fan Pass, artists can offer exclusive content channels to their fans, who simply use their smartphones to gain access to their favorite artists as well as an all-access pass, giving them access to all artists on the platform. Additionally, the Fan Pass team will deploy social broadcasters to capture exclusive VIP experiences, interviews and behind-the-scenes content featuring their favorite artists — all available to fan subscribers for free on a trial basis. Thereafter, subscriptions are billed monthly at $3.99, or about the cost of downloading a couple of songs, providing VIP access at a fraction of the cost of traditional face-to-face meetups. Friendable Inc. was founded by Robert A. Rositano Jr. and Dean Rositano, two brothers with more than 27 years of experience working together on technology-related ventures. For more information about the company, visit www.Friendable.com.

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FAQ

What is Friendable Inc. (OTC: FDBL) doing in the video streaming market?

Friendable Inc. has launched the Fan Pass platform to enhance artist-fan engagement in the growing video streaming sector.

What is the subscription cost for Friendable's Fan Pass platform?

Subscriptions for the Fan Pass platform are priced at $3.99 per month after an initial free trial period.

What market opportunity is Friendable Inc. (FDBL) targeting with its new platform?

Friendable aims to capitalize on the $50.11 billion video streaming market, which is expected to grow at a CAGR of 21.0% through 2028.

Who are the founders of Friendable Inc. (FDBL)?

The founders of Friendable Inc. are Robert A. Rositano Jr. and Dean Rositano, who have over 27 years of experience in technology ventures.

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