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Billy McFarland ‘QUITS’ as Fyre Fest boss and puts brand up for sale after disastrous attempts to host second event

Published on April 23, 2025 at 05:54 PM

FYRE Fest creator Billy McFarland announced he is selling his infamous festival to start a ‘new chapter.'

McFarland posted a lengthy statement on Instagram detailing what the future of the festival will look like.

Announcement of the sale of the FYRE Festival brand.
The creator posted a lengthy statement on Instagram

The Fyre Festival founder said he's spent the past couple of years pouring “everything into bringing Fyre back with honesty, transparency, relentless effort, and creativity.”

McFarland wrote that the festival has worked on “rebuilding trust” with the community after the disasturous event in 2017 where guests were left with inadequate accommodation due to a lack of organization.

The Guardian previously referred to it as “closer to The Hunger Games ... than Coachella.”

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