Billy McFarland's giving up the iconic FYRE Festival brand ... announcing he's decided to sell amid all the scrutiny surrounding the second version of the event.
00:00Have you always wanted to own a failed music festival where people sleep in disaster relief tents, eat cheese sandwiches, and have no musician signed on to play at it?
00:10Well, now you can, because there's a fire sale on Fyre Fest and everything must go!
00:19Water Guy not included.
00:21So, Billy McFarlane finally giving up on Fyre Festival. Shocking.
00:26So, he announced he's selling the IP for Fyre Festival.
00:30For $1.99 and a cheese sandwich.
00:34Well, Billy was out at NYC and he thinks it's gonna go for a lot more than that.
00:39Oh, it's gotta be in figures, right? It's the most talked about festival in the US, so hopefully pretty good, but I truly have no idea.
00:44He thinks it's a good brand that people will be interested in buying.
00:48But it's so tainted right now.
00:50True, after Billy failed to get Fyre Fest 2.0 off the ground,
00:54the future of the festival seems pretty bleak.
00:56But now he's saying...
00:58Without me, the value of Fyre skyrockets.
01:00He's no longer involved. It could work without him. It's a festival.
01:04No, this is one of those things people want to joke about on the internet,
01:06but no one actually wants to pay thousands of dollars to go to it.
01:09Well, not according to Billy, who thinks it's gonna sell!
01:12In the past, you know, hour, we've gotten dozens of offers already.
01:15We actually should buy it. I think it's very valuable.
01:18I mean, what do you do? Fyre Fest 3.
01:20We really mean it this time.
01:23Just offer $100 and see what happens.
01:26I hope Billy McFarlane sells it and then comes out with Flame Fest.
