Fyre Festival is becoming a music streaming service that might not be a scam this time
Briefly

Shawn Rech aims to launch a music streaming service using the Fyre Festival name, acquiring relevant trademarks despite the event's notorious history. While he positions this venture as a means to capitalize on the name’s notoriety, Rech clarifies it has no connection to music events themselves. He plans to introduce the Fyre Music Streaming platform, featuring a video-on-demand service and ad-supported channels, by Thanksgiving. His approach raises eyebrows due to the Fyre Festival's fraudulent past, hinting at an ironic twist in attempting to succeed where its founders failed.
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.
Read at Engadget
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