Friendable’s Fan Pass Live Platform Sees Its Biggest Surge in Artist Sign-Ups, Reporting 1,452 for May 2021 -- a 53% Increase Over April

Rhea-AI Summary

Friendable, Inc. (OTC: FDBL) reported significant growth metrics for its Fan Pass Live Streaming platform in May 2021. Artist sign-ups surged, with over 1,400 new artists, marking the highest monthly increase since launch, pushing total sign-ups past 4,000. App installs rose by approximately 6% compared to April. Social media engagement also improved, with Instagram reach increasing by 87% and Facebook by 27%. The upcoming version 2.0 of Fan Pass aims to enhance features, monetization, and overall revenue, reflecting the company's positive trajectory.

Positive

• Over 1,400 new artist sign-ups in May, highest monthly increase.
• Total artist sign-ups surpassed 4,000.
• App installs increased by approximately 6% from April.
• Instagram reach increased by 87%; Facebook reach by 27%.
• Plans to release version 2.0 with new features and monetization options.

Negative

• None.

Total artist sign-ups now surpasses 4,000 since launch, with app installs increasing and social media reach, followers and engagement all showing upward trends, as well

CAMPBELL, Calif., June 02, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Friendable, Inc. (OTC: FDBL) (the “Company”) is pleased to announce certain growth metrics and performance for the Company’s Fan Pass Live Streaming artist platform for the month of May 2021.  

As the Company prepares to release its 2.0 version of the Fan Pass platform, May has delivered another stellar month of traction in several categories. Artist sign-ups reached their highest one-month climb, with over 1,400 artists signing up during May, and app installs increased by approximately 6% from the month of April, as well.

Social media activity is also a key indicator for management, as Instagram reach increased by 87% and Facebook by 27%. These metrics and trends point to positive, overall recognition of the Fan Pass platform, service offering and brand as the Company continues executing on its 120-day strategy, previously announced.

“These next several months are going to lead us to and eventually through our version 2 mobile and web app releases, which will include an entirely new suite of features, virtual currency options, automation and, ultimately, scale. It is our intent to grow our base, build our revenues and begin monetizing across the board, which we believe to be very achievable based on the results we have seen since our launch and every month following. It’s time to unveil several new features to our artists, and we look forward to watching the artists’ revenues, along with the company’s steadily increase with this next version. Stay tuned!” stated Friendable, Inc. CEO Robert A. Rositano Jr.

For more information and to support Fan Pass artists, download the Fan Pass app on the Apple App Store or the Google Play Store.

About Friendable, Inc.

Friendable Inc. (FDBL) is a mobile technology and marketing company focused on developing and identifying products, services and brand opportunities with mass market potential and scalability.

Launched July 24, 2020, the Company’s new flagship offering, the Fan Pass livestream platform, has proven to be invaluable for artists and fans alike as performances shifted from the stage to the screen.

Even as live shows resume, Fan Pass serves a vital need: providing a virtual stage for artists to perform, earn and engage with fans from around the world. In addition, Fan Pass serves as a VIP or Backstage Pass, giving fans exclusive access into the lives of their favorite artists.

Friendable Inc. was founded by Robert A. Rositano Jr. and Dean Rositano, two brothers with over 27 years of experience working together on technology-related ventures. For more information about the company, visit www.Friendable.com or www.fanpasslive.com.

Forward-Looking Statements

This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected by Friendable, Inc. The Company’s iTunes rankings should not be construed as an indication in any way whatsoever of the future value of Friendable's common stock or its present or future financial condition. The public filings of Friendable, Inc. made with the Securities and Exchange Commission may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Friendable, Inc. cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, Friendable, Inc. does not undertake, and Friendable, Inc. specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

Contact:

Friendable:

Phone: (855) 473-7473 Ext. 101

Email: Info@friendable.com

www.friendable.com

Corporate Communications:

InvestorBrandNetwork(IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

FAQ

What are the recent growth metrics for Friendable, Inc. (FDBL)?

In May 2021, Friendable, Inc. saw over 1,400 new artist sign-ups, marking a record monthly increase. Total sign-ups surpassed 4,000, and app installs grew by roughly 6% from April.

How has social media engagement changed for Friendable, Inc. (FDBL)?

Friendable, Inc. reported a significant increase in social media engagement, with Instagram reach rising by 87% and Facebook by 27%.

What is the expected impact of the upcoming version 2.0 for Friendable, Inc. (FDBL)?

The upcoming version 2.0 of the Fan Pass platform aims to introduce new features and monetization options, enhancing revenue growth opportunities for artists and the company.