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Billy McFarland Sells Fyre Festival Brand for $245,300 in eBay Auction

The proceeds cover less than one percent of the $26 million restitution the convicted promoter still owes.

Overview

  • A weeklong eBay auction ended July 15 with 175 bids from 42 bidders, culminating in a $245,300 sale.
  • The transaction transferred ownership of Fyre Festival’s trademarks, intellectual property, social media accounts and domain names.
  • The identity of the winning bidder has not been revealed, leaving the brand’s next chapter undetermined.
  • McFarland livestreamed the auction’s close and lamented the low final bid, saying “Damn. This sucks, it’s so low.”
  • The sale follows the indefinite postponement of a planned 2025 sequel in Mexico after organizers failed to secure permits.