Friendable, Inc. (OTC Pink: FDBL), just announced that it will be offering live, uncut, uncensored, celebrity content through a new application which has been code-named “Broadcaster”.   Broadcaster is an effort to leverage the live streaming video technology that it recently acquired from Hang With, Inc. to create value for its shareholders.

Friendable’s Broadcaster app – to allow celebrities to broadcast live, uncut, and uncensored content that cannot be viewed anywhere else, to the subscribers of their “Broadcaster Channel”.

Examples of content that may be featured include:

  • Backstage before, during or after events
  • Recording studio sessions
  • Behind the scenes on music video sets
  • On-set makeup or wardrobe trailers
  • Special interviews
  • Ultimate Fan Experience – All Access

Friendable’s path to revenue includes monetizing social media fans and followers of celebrities through a multi-level subscription based platform.

Friendable, Inc. (OTC Pink: FDBL is looking forward to a strong conversion rate, as each celebrity or artist will be required to market their Broadcaster channel to their social media fans and followers, further, generating subscription revenue based on conversion.

Celebrities that Friendable has had previous or existing relationships with have, upwards of 20-50 million social media followers.

Austin Mahone, a singer / songwriter that Friendable, Inc. (OTC Pink: FDBL) has worked with previously has 13 million fans on Facebook alone.  If he were to convert only 2% of them with a revenue sharing monthly subscription of $1.99, that alone, would generate over $500,000.00 per month.

Friendable, Inc.’s (OTC Pink: FDBL) conviction in the value of this platform is the product of many months of dedicated research, analysis and feedback from the Company’s celebrity music artist relationships, record labels, and brand partners at The Kluger Agency.

This one of a kind ecosystem is being designed to help celebrities monetize their fans and followers as “Broadcaster” seeks to become the industry standard platform for proprietary content that is live, uncut and uncensored.

Friendable, Inc. (OTC Pink: FDBL) is working to secure commitments from celebrity artists as they move closer to launch in early 2017. Friendable stated that they will announce these commitments as they are received.

Facebook’s Mark Zuckerberg has stated that he is “obsessed” with live streaming.

Twitter (NASDAQ: TWTR), and Facebook (NASDAQ: FB) have recently jumped on the live video bandwagon, and with contracts to stream live NFL games, Bloomberg TV, and the Democratic and Republic conventions one could say they are thriving.

Friendable CEO, Robert A Rositano Jr. stated “We believe the Hang W/ technology will create a differentiated offering for our brand in the live video streaming marketplace and allow the Company to capitalize on our many relationships in various celebrity circles.”

Twitter, Inc. quietly purchased Periscope for just under $100 million in early 2015.

As of August 12, 2015, Periscope had only 10 million users and 2 million daily active users.

Can a small company like Friendable, Inc. (OTC Pink: FDBL) break into the space and further, become an acquisition target? Some might say no, but they probably forgot that Friendable also gained access to 8 million users who have signed up to utilize Hang W/’s live streaming video technology as part of its investment commitment and Hang With, Inc. technology acquisition approximately two weeks ago.

Could this be what pushes Friendable, Inc. (OTC Pink: FDBL) over the top?

Could they be the next social media takeover candidate?

Friendable Outlines Business Model Diversification and Path to Revenue Through Monetization of Fans and Followers

Unique Live Video Application to Leverage Social Media Platforms for Revenue Sharing Opportunities with Artists and Celebrities

CAMPBELL, CA — (Marketwired) — 11/10/16 — Friendable, Inc. (the “Company”) (OTC PINK: FDBL), a mobile & social focused technology company, today announced details of the Company’s plans to diversify its assets in order to create several paths for revenue and profitability.

Friendable’s recent investment in Hang With, Inc. (“Hang W/”), along with its acquisition of a royalty free, perpetual license to Hang W/’s proprietary live streaming video technology, and access to the total of 8 million users who have used Hang W/’s app over the past several years, has broadened the Company’s opportunity set, which the Company believes, gives investors several ways to win.

Friendable’s preferred equity stake in Hang With, Inc. ($30 million valuation), is a passive investment that may yield Friendable a profitable exit. In an effort to leverage the live streaming video and create value for shareholders, Friendable is rapidly building and preparing for launch an entirely new application that Management has code-named “Broadcaster.”

Celebrities that Friendable has had previous or existing relationships with have, in total, upwards of 20-50 million social media followers.

Friendable’s Broadcaster app is expected to offer an experience that stands alone in a noisy social media environment by allowing celebrities to broadcast live, uncut, and uncensored content that cannot be viewed anywhere else, to the subscribers of their Broadcaster channel. Artists and agencies will soon have the opportunity to own a “Broadcaster Channel” where they can share, in real time, events that would typically exist to only individuals with VIP on-location access.

Examples of content that may be featured include:

  • Backstage before, during or after events
  • Recording studio sessions
  • Behind the scenes on music video sets
  • On-set makeup or wardrobe trailers
  • Special interviews
  • Ultimate Fan Experience – All Access

Friendable intends to offer several levels of revenue sharing of subscriptions with celebrity artists and agencies. Each artist will be required to market their Broadcaster channel to their social followers and fans, ultimately generating subscription revenue based on the success of conversion. This one of a kind ecosystem is being designed to help celebrities monetize their fans and followers as “Broadcaster” seeks to become the industry standard platform for proprietary content that is live, uncut and uncensored.

Friendable’s conviction in the value of this platform is the product of many months of dedicated research, analysis and feedback from the Company’s celebrity music artist relationships, record labels, and brand partners at The Kluger Agency. Each content channel will be exclusive to each artist and aim to offer several levels of revenue sharing opportunities between Friendable and the celebrity, artist or agency, based on one of the subscription models, one time pay-per view, virtual gifting and brand sponsorship of each channel. The Company believes these revenue sharing opportunities will result in an enticing and recurring revenue model unlike anything in social media today.

Robert A. Rositano Jr., Friendable, Inc. CEO, stated, “Friendable is working on a revenue model that incentivizes celebrities to promote the ‘Live’ aspect of our new ‘Broadcaster’ platform to their social media followers and in turn, receive up front incentives along with recurring revenue on a monthly basis. We are working hard to secure commitments from celebrity artists as we move closer to launch in early 2017, and we will announce them as they are signed. Further, we look forward to a strong conversion rate given the loyalty of each celebrity or artist’s existing social media fan base.

“We are more excited than ever for the future of the Company. This is truly a new category of entertainment, consisting of one-way, interactive broadcasting of exclusive VIP events, unique experiences or those one in a million moments that don’t always get captured on video. This content will soon be able to be channeled to an audience who truly waits for an opportunity to peek behind the curtain. We look forward to announcing the success of our latest ‘Broadcaster’ initiative in the near term, as management is committed to creating and building shareholder value through our continued efforts to expand and diversify the Friendable brand,” concluded Robert A. Rositano Jr., Friendable, Inc. CEO.

Additionally, the Company continues to add to the existing Friendable app through organic downloads, brand recognition and social media efforts. As Friendable adds and attracts new users to its platform, it becomes increasingly more important for the Company to release new and exciting features for its users to enjoy. The Company is proud to announce that live streaming video will be the next feature update to be added to the current Friendable app in 2017, additional details will follow upon the Company’s final release date.

About Friendable Friendable, Inc. is a mobile& social focused technology company, focused on connecting users with location specific, interactive and live content. Friendable is all about what’s happening now or in the future, rather than sharing the past. It is all about having location specific, nearby or live (happening now) opportunities. The Friendable brand represents a “friends first” approach to making new connections by using its current social networking app to create meet up style events or simply invite one person or many to join your Friendable meet up. The app allows users with like interests and locations to suggest a meet up topic, with local venue recommendations to choose the specific date and location to make it happen. The Company continues to iterate features of its current mobile app offering, while seeking strategic partnerships, technology acquisitions and new products that may be developed to serve the ever expanding mobile marketplace.

Friendable believes that user acquisition translates to increased value and increased user interactions allow Friendable to offer advertising and sponsorship opportunities to local venues/businesses, where these meet ups take place. Generating revenue by providing these venues with location specific opportunities to reach potential customers when it matters most, as well as new features and applications that expand revenue opportunities into live video streaming (pay-per view) style or subscription based monetization of premium content is the focus of the Company’s future growth. As of October 2016, Friendable has exceeded one million (1,000,000) total downloads since the Company’s inception and launch of its current app, first released in June 2013 under its previous brand name.

Visit our social media properties
Facebook: http://facebook.com/friendable
Twitter: https://twitter.com/friendableapp
Instagram: https://www.instagram.com/friendableapp/

Cautionary Language Concerning 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 iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the 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:
Investor Relations:
Hayden IR
Brett Mass
Managing Partner
Phone: (646) 536-7331
Email: brett@haydenir.com
www.haydenir.com

Friendable:
Phone: (855) 473-7473
Email: Info@friendable.com
www.friendable.com

Disclosure:

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://www.emerginggrowth.com/disclosure-3325/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website. Sources include recent Friendable, Inc. press releases as well as the following: http://www.wsj.com/articles/twitter-acquires-live-video-streaming-startup-periscope-1425938498 http://www.fool.com/investing/2016/07/14/think-facebook-and-twitters-live-videos-are-a-fa-2.aspx http://expandedramblings.com/index.php/periscope-statistics/ http://www.businessinsider.com/facebook-live-video-stats-from-tubular-2016-7

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