Fyre Festival is ready for its next chapter ... the infamous music festival has been acquired by LimeWire -- 8 years after its initial chaotic launch.
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A follow up to this post.
Infamous Scammer Billy McFarland revealed back in July that he sold the Fyre Festival brand on eBay. That buyer was not reveled, until now. Turns out LimeWire purchased the brand for $245,300, outbidding Ryan Reynolds. Yeah, I guess they're somehow still around.
"LimeWire, one of the most iconic names in early internet music culture, has officially acquired the Fyre Festival brand – bringing together two legendary names from digital history under one roof. Once synonymous with disruption in their own very different ways, LimeWire and Fyre are now poised to begin an entirely new chapter – one grounded in technology, transparency, and a sense of humor," wrote the company in a statement.
“Fyre became a symbol of hype gone wrong, but it also made history,” said Julian Zehetmayr, CEO of LimeWire. “We’re not bringing the festival back - we’re bringing the brand and the meme back to life. This time with real experiences, and without the cheese sandwiches.”
LimeWire secured the Fyre Festival brand after a competitive bidding process that included creative agency Maximum Effort, co-founded by Ryan Reynolds.
Reynolds said, “Congrats to LimeWire for their winning bid for Fyre Fest. I look forward to attending their first event but will be bringing my own palette of water.”
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