The mental property of Fyre Pageant has been acquired to launch a brand new music streaming platform, Deadline reviews.
Capitalizing on one of the notorious manufacturers in fashionable leisure, Shawn Rech, an Ohio-based media entrepreneur identified for guiding crime documentaries and launching the streaming platform TruBlu, has reportedly acquired IP linked to Fyre Pageant, together with two emblems. The deal will gasoline the launch of a brand new user-submitted, fan-curated music platform bearing the identical infamous model.
“Music networks are all just programming now and I have no interest in watching people slip on bananas,” Rech mentioned. “It has nothing to do with music. I needed a big name that people would remember, even if it’s attached to infamy, so that’s why I bought these [trademarks] to start the streaming network.”
The platform will reportedly launch on Thanksgiving Day with plans to function each a $3.99 subscription service and a free ad-supported streaming tv (FAST) channel. Subscribers will be capable of vote on which artists are featured on the FAST feed.
“This isn’t about festivals or hype—it’s about putting the power of music discovery back in the hands of the fans,” Rech added. “We’re building something authentic and lasting.”
Billy McFarland, the disgraced co-founder of the unique Fyre Pageant, retains possession of the occasion itself. Whereas he isn’t instantly concerned within the streaming platform’s operations, he’s “expected to have a presence on the network,” per Deadline.
In the meantime, Fyre Pageant continues to be a worldwide punchline for failed luxurious music occasions after its ill-fated gathering in 2018, which devolved into chaos on the Bahamian island of Nice Exuma. McFarland, who finally served 4 years in jail for wire fraud, was organizing a sequel this 12 months in Playa del Carmen earlier than suspending the occasion indefinitely amid contentious disputes with Mexican authorities.
The organizers of Fyre Pageant 2 insisted in a press release that the occasion “is still on” and are they’re presently “vetting new locations.” They haven’t introduced new dates or a location on the time of this writing.
