The Rights To Fyre Festival Sold On Ebay For 245k

Billy McFarland, nan fraudster who brought you Fyre Festival, has sold nan authorities to nan marque connected eBay for $245,300. We do not yet cognize who nan purchaser is aliases what they scheme to do pinch specified cursed IP.

Fyre Festival was a downright disaster. What was expected to beryllium a luxury euphony show ended up stranding guests connected an land successful nan Bahamas. Instead of lavish villas and gourmet meals, nan festival’s clientele, which included able millennial influencers, sewage flimsy tents and famously unappetizing food sandwiches.

McFarland was later convicted of financial crimes owed to his domiciled successful nan festival, serving astir 3 and a half years earlier he was released successful 2022. But McFarland has not seemed to person learned his lesson. He tried organizing a 2nd Fyre Festival, which was expected to return spot this summertime successful Mexico pinch tickets ranging betwixt $1,400 and $1.1 million.

The 2nd Fyre Festival ne'er happened. Playa del Carmen, nan Mexican metropolis wherever McFarland said nan show would return place, claimed that location had not been any record of readying for nan event, which did not person a permit. McFarland denied this, but announced a fewer weeks later that he would waste nan Fyre Festival brand.

“Since 2017, FYRE has dominated headlines, documentaries, and conversations arsenic 1 of nan world’s astir talked-about euphony festivals,” McFarland wrote, failing to mention that nan show garnered truthful overmuch attraction owed to its colossal failure. “There is simply a clear way for operators and entrepreneurs pinch beardown domain expertise to build FYRE into a world unit successful entertainment, media, fashion, CPG, and more.”

The eBay auction says that a information of nan proceeds of nan waste will spell toward restitution — but McFarland owes $26 million, truthful this $245,300 waste isn’t going to make overmuch of an impact.