Fyre Competition is turning into a music streaming service that may not be a rip-off this time

The Fyre Competition saga is getting an sudden new chapter. Shawn Rech, who co-founded the TruBlu streaming community for crime and investigative content material, is planning to leverage the Fyre Competition identify for a brand new music streaming platform. He's acquired choose mental property emblems for the famously failed music occasion whose co-founder Billy McFarland went to jail for fraud. Nevertheless, Rech won’t play a task in Fyre Competition's hypothetical dwell occasions. Based on him, he's simply making an attempt to capitalize on the identify's familiarity for his personal venture.

"It has nothing to do with music," Rech instructed Deadline in a surprisingly candid assertion. "I wanted a giant identify that folks would bear in mind, even when it’s hooked up to infamy, in order that’s why I purchased these [trademarks] to begin the streaming community."

Deadline reviews that the Fyre Music Streaming may have a subscription video-on-demand platform and free ad-supported tv channels. Rech claims it’s going to launch at Thanksgiving. "We’re constructing one thing genuine and lasting," he stated.

It takes a powerful quantity of hubris to make use of the identify of a comically ridiculous music pageant fraud and anticipate individuals to offer you cash for it. However contemplating Rech did handle to get TruBlu off the bottom, possibly his music platform will truly exist. If the truth that the second Fyre Competition has already been indefinitely postponed is any signal of what's to return, although, will probably be a hilarious train in schadenfreude.

This text initially appeared on Engadget at https://www.engadget.com/leisure/music/fyre-festival-is-becoming-a-music-streaming-service-that-might-not-be-a-scam-this-time-221058381.html?src=rss