Overview

• Fyre Festival 2, initially scheduled for May 2025 in Playa del Carmen, Mexico, has been postponed indefinitely, with tickets refunded to buyers.
• Billy McFarland, the festival's founder, has announced that the Fyre Festival brand, including its trademarks and digital assets, is up for sale.
• McFarland stated his intention to step away from operations, citing the need for a new team to independently execute the festival's vision.
• The festival has faced repeated logistical challenges, including permit disputes with officials in Isla Mujeres and Playa del Carmen, leading to multiple postponements.
• Fyre Festival's legacy remains controversial, stemming from its 2017 failure and McFarland's subsequent fraud conviction and prison sentence.