Fyre Fest founder Billy McFarland has introduced he’s placing the pageant’s model up on the market, weeks after suspending the second iteration of the ill-fated music fest.
“A brand new chapter begins. After two years of rebuilding FYRE with honesty, creativity, and relentless effort, it’s time to cross the torch,” an announcement shared on Instagram on Wednesday learn. “We’re formally placing the FYRE model up on the market. To the appropriate purchaser: the platform is yours. Execute the imaginative and prescient. Make historical past.”
Earlier this month, Fyre Competition 2 — initially set to happen Could 30 to June 2, 2025 — was postponed by organizers, with no new date set. Days after tickets went on sale in February, the pageant — allegedly taking place on Isla Mujeres, an island off the coast of Mexico — was immediately met with obstacles. The native tourism board claimed they “don’t have any data of this occasion,” whereas McFarland stated he and his companions “have remained in communication with native and state authorities to make sure full compliance and a profitable occasion that advantages the native financial system.”
McFarland’s assertion on Wednesday added, “Following the challenges we confronted in Mexico, we had been approached by a number of Caribbean locations desperate to host FYRE Competition 2. We dove into the method — assembly with nationwide officers, conducting website visits — and we’re assured we’ve discovered the perfect location for the pageant. Whereas I’m extremely excited, I can’t danger a repeat of what occurred in Playa Del Carmen, the place help rapidly become public distancing as soon as media consideration intensified. For FYRE Competition 2 to succeed, it’s clear that I must step again and permit a brand new group to maneuver ahead independently, carry the imaginative and prescient to life on this unbelievable island.”
The announcement of Fyre Competition 2 got here eight years after the unique pageant resulted in a catastrophe, leaving attendees stranded within the Bahamas and McFarland pleading responsible to fraud.
Learn the total assertion under.
