Photo Credit: Rajiv Perera
Just says after Fyre Festival 2 was ‘postponed’ and all tickets refunded, the Fyre Festival name has been licensed to a media entrepreneur for a new streaming service.
Fyre Music Streaming Ventures LLC was officially formed in the state of Ohio. The new company will be spearheaded by Shawn Rech, President & Co-Founder of Chris Hansen’s TruBlu Crime Network. Rech says he has spent years seeking the right partners and platform to bring a truly fan-curated music network to life. Rech acquired the full rights to the Fyre name and trademarks for music streaming services and free, ad-supported TV channels—securing their use in perpetuity.
The network will capitalize on the infamous Fyre name, but Rech emphasizes a clear departure from past associations with live music production. “This isn’t about festivals or hype—it’s about putting the power of music discovery back in the hands of the fans. We’re building something authentic and lasting.”
The notorious first Fyre Festival ended in a disaster well-documented by documentaries released by Netflix and Hulu. Inadequate shelter and housing, with cheese sandwiches served up in styrofoam to-go plates were not what people expected when paying for their luxurious destination festival vacation in the Bahamas. Convicted fraudster Billy McFarland spent four years in jail over the debacle and returned this year promising Fyre Festival 2.
The return of Fyre Festival was hugely exaggerated however, with officials for Playa del Carmen stating they were not involved in any permitting for a live music festival. Attempting to stave off nay-sayers, McFarland shared copies of the permits that had been granted, revealing Fyre Festival 2 was little more than a 250-person gathering with curated recorded music—not the live festival bash promised. After the ruse was exposed on social media, tickets were refunded with the festival being ‘postponed’ instead of outright canceled.
Billy McFarland is slated to have a presence on the network, though the nature of his involvement will evolve as the platform grows. The new company is not involved in producing or planning the music festival and any questions regarding the postponed festival should remain with McFarland, Rech says.
The Fyre Music Network is slated to launch its website and mobile apps on Thanksgiving Day 2025, with free, ad-supported streaming television (FAST) channels rolling out shortly thereafter. Rech is likely banking on the notorious name drawing cursory interest during its roll-out, though it’s unclear how successful that will be.
Younger viewers have migrated their music discovery habits to social media, so music channels have been in a precipitous decline. This year marks the first that the MTV Music Awards will appear on CBS in a bid to draw more attention.
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