Fyre Festival has sold nan authorities to nan troubled brand, including its IP, marque trademarks, and societal media assets, connected eBay Tuesday for a paltry $245,300.
The online waste lasted a week, pinch 175 bids put successful by 42 bidders. The final bid was accepted Tuesday greeting astatine 12:44 p.m. EST.
It's a mini value to salary for nan Fyre Festival brand, which went from captivating to calamitous successful 2017.

What was touted arsenic a luxury glamping euphony festival, promoted by A-listers successful nan Bahamas, ended up being a disaster: glamping turned into scattered disaster alleviation tents pinch ungraded floors, nutrient consisted of meager food sandwiches, and artists for illustration Blink-182 pulled retired of their shows.
Festival organizer Billy McFarland pleaded blameworthy to ligament fraud and different related crimes stemming from nan first show and was released early from national situation successful 2022.

The first Fyre Festival was nan taxable of 2 documentaries connected Netflix and Hulu, arsenic good arsenic a societal media large wind of memes and ridicule.
But that didn't extremity his resolve. In 2023, McFarland tweeted location would beryllium a Fyre Festival II connected a privately owned land disconnected Mexico. Two years later, organizers announced that nan arena had been postponed — aft tickets had already been sold — with nan caller day limited connected nan location.
In April 2025, McFarland announced nan Fyre Festival marque was up for grabs.
"After 2 years of rebuilding FYRE pinch honesty, creativity, and relentless effort, it’s clip to walk nan torch," publication a connection connected nan festival’s charismatic Instagram page.
Marlene Lenthang
Marlene Lenthang is simply a breaking news newsman for NBC News Digital.