institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Billy McFarland Auctions Fyre Festival on eBay

BAHAMAS, JUL 15 – The $245,300 sale covers less than 1% of Billy McFarland's $26 million restitution debt after failed attempts to revive the infamous festival brand, with 42 bidders making 175 bids.

  • On Tuesday, July 15, 2025, Billy McFarland auctioned off the Fyre Festival brand—including its intellectual property, trademarks, and social media accounts—on eBay.
  • The sale followed McFarland's 2017 disastrous festival, multiple fraud convictions, and his failed attempt to revive the event with a second edition planned for Mexico that was canceled.
  • The auction lasted over a week, drew 42 bidders and more than 175 bids, and was live-streamed by McFarland, who expressed disappointment with the final sale price of $245,300.
  • McFarland shared on social media that the Fyre Festival represents just a part of his journey, and he is eager to begin a new phase. He also mentioned that the auction became the most-viewed eBay listing that was not associated with a charity.
  • The sale will contribute little toward McFarland’s $26 million restitution order, and experts believe the new owner might pursue media licensing or non-luxury uses for the brand given its troubled legacy.
Insights by Ground AI
Does this summary seem wrong?

45 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 52% of the sources lean Left
52% Left

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

theplayground.co.uk broke the news in on Monday, July 14, 2025.
Sources are mostly out of (0)