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Fyre Festival guy has launched a new festival and tickets sold out in minutes
Fyre Festival guy has launched a new festival and tickets sold out in minutes
Fyre Festival founder Billy McFarland has announced that the first round of tickets for Fyre Festival II has sold out. Described by McFarland as the “adventure of a lifetime”, Fyre Festival II is an attempt to shift the narrative around McFarland and the original 2017 Fyre Festival that was riddled with scandals and resulted in McFarland spending four years in federal prison for wire fraud. McFarland took to social media to talk about Fyre Festival II after it was announced the first round of tickets sold out: “The first FYRE Festival II drop has sold out. Since 2016 FYRE has been the most talked about festival in the world. We now saw this convert to one of the highest priced GA pre-sales in the industry. FYRE is about people from around the world coming together to pull off the impossible. “This time we have incredible support. I’ll be doing what I love while working with the best logistical and infrastructure partners. In addition, all ticket sale revenue will be held in escrow until the final date is announced. We look forward to surprising the world alongside our partners as we build FYRE and FYRE Festival II into the island adventure of a lifetime,” he added. The initial tickets for Fyre Festival II went on sale for $499 (£390), with later releases set to cost up to $7,999 (£6,250). The original festival was promoted by multiple popular celebrities including Kendall Jenner, Bella Hadid, and Hailey Bieber. Fyre Festival was promised to contain an array of musical performances, as well as other attractions. It was to be hosted on an island in the Bahamas that was claimed to have been previously owned by Pablo Escobar. Despite the hype surrounding the festival, it ultimately resulted in a disaster. So much so that both Netflix and Hulu released shows documenting the festival and how it concluded with McFarland in jail. In 2018, McFarland pleaded guilty to two counts of wire fraud and admitted to lying to investors that funded the first Fyre Festival. He was released from prison early in March 2022, and required to return $26 million to investors of the event. Speaking in a YouTube video uploaded on Monday, McFarland spoke about Fyre Festivall II: “It has been the absolutely wildest journey to get here and it really all started during the seven-month stint in solitary confinement. I wrote out this 50-page plan of how it would take this overall interest and demand in Fyre and how it would take this overall interest and demand in Fyre and how it would take my ability to bring people from around the world together to make the impossible happen.” He added: “we decided that Fyre Festival is coming back to the Caribbean. We are targeting Fyre Festival II for the end of next year.” Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-23 19:29
BlackRock continues lowering support for environmental and social proposals
BlackRock continues lowering support for environmental and social proposals
By Ross Kerber and Isla Binnie Top asset manager BlackRock on Wednesday reported a further decline in its
2023-08-23 19:25
US SEC readies vote on regulatory overhaul for private funds
US SEC readies vote on regulatory overhaul for private funds
NEW YORK The U.S. Securities and Exchange Commission is expected on Wednesday to finalize rules overhauling private fund
2023-08-23 18:21
Marketmind: 'Flash' business funk and AI buzz
Marketmind: 'Flash' business funk and AI buzz
A look at the day ahead in U.S. and global markets from Mike Dolan A combination of worrying August business
2023-08-23 18:16
VinFast shares soar again as buzz over Vietnamese EV maker grows
VinFast shares soar again as buzz over Vietnamese EV maker grows
Shares of VinFast, the Vietnamese electric vehicle maker that went public in a red-hot Wall Street debut last week, enjoyed another stunning rally again Tuesday.
2023-08-23 17:58
A Hong Kong court refused to ban a protest song. Now the government has been allowed to appeal
A Hong Kong court refused to ban a protest song. Now the government has been allowed to appeal
The Hong Kong government has been given the green light to appeal a court’s refusal to ban a protest song
2023-08-23 17:53
Nigeria Plans Dollar Asset Listings to Ease Forex Woes
Nigeria Plans Dollar Asset Listings to Ease Forex Woes
Nigeria’s stock exchange proposes allowing dollar-denominated bond listings and potentially expanding this to stocks, with the aim of
2023-08-23 17:18
DeSantis Faces Make-or-Break Moment at First GOP Debate
DeSantis Faces Make-or-Break Moment at First GOP Debate
Ron DeSantis has a golden opportunity to revive his presidential bid at tonight’s Republican debate. But he’ll need
2023-08-23 16:56
Euro-Area Downturn Quickens as Service Activity Starts Shrinking
Euro-Area Downturn Quickens as Service Activity Starts Shrinking
The contraction of private-sector activity in the euro area intensified in August as services ceased being a bright
2023-08-23 16:54
Exclusive-Insurers raise premiums for Black Sea tankers as tensions mount - traders
Exclusive-Insurers raise premiums for Black Sea tankers as tensions mount - traders
MOSCOW Insurance companies have notified charterers of ships operating in Russia's Black Sea ports of an increase in
2023-08-23 15:29
Stock market today: Asian shares are mixed ahead of Fed Chair speech and Nvidia earnings
Stock market today: Asian shares are mixed ahead of Fed Chair speech and Nvidia earnings
Asian markets are trading mixed ahead of Fed Chair Jerome Powell’s highly anticipated speech later in the week
2023-08-23 15:21
Investors Say They’ll Stick With Gold as Fed Cycle Nears End
Investors Say They’ll Stick With Gold as Fed Cycle Nears End
Gold isn’t losing its allure, according to a dozen money managers who all told Bloomberg News they expect
2023-08-23 14:47
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