If you follow the entertainment world, you’ve probably heard of Fyre Festival, the music event that was supposed to rival the likes of Woodstock and Coachella, but ultimately failed, and its founder, Billy McFarland, went to prison for fraud.
Recently, the Fyre Festival name has resurfaced for a few reasons. The first is that Billy McFarland has been trying to organize a second Fyre Festival, which seems to have been postponed for now. The second is that the trademark for the Fyre Festival branding has been purchased by Shawn Rech, the owner behind the streaming platform TruBlu, which focuses on crime and investigative audio content.
Recently, it was reported that he bought the Fyre Festival trademark because he wanted a name for his new music streaming platform, and the name Fyre Festival is already quite recognizable, even though it’s not a very popular name.
The platform will be called Fyre Music Streaming, and when it launches later this year, it will feature user-uploaded music content, starting with genres like pop and hip hop, and expanding based on fan demand.
With a subscription cost of $3.99 per month, Fyre Music Streaming will also apparently come with its own VOD video streaming service, but details about that are still unknown at this time.
If you're wondering about the Fyre Festival event, the trademark for the event itself is still owned by Billy McFarland. Fyre Festival 2 has been postponed for now, with the event team apparently looking for a new location for the event.