Billy McFarland Says He’s Selling Trademarks, Branding of FYRE Festival

Billy McFarland‘s giving up the long-lasting FYRE Festival model … asserting he is determined to promote amid all of the scrutiny surrounding the second model of the occasion.

The founding father of FYRE Festival launched a assertion Wednesday … letting followers know the final two years have been a dedication to ending what he began and making issues proper following absolutely the debacle that was the primary FYRE Festival.

Billy factors out FYRE Festival has dominated headlines for years … grabbing the eye of reports businesses, documentarians and plenty of followers across the globe — and, the occasion wants a crew extra skilled than him to get the second occasion over the end line.

McFarland then says he and his crew are promoting the emblems, mental property, media attain and rather more related to FYRE to an operator who can execute the grand imaginative and prescient they’ve for the competition. On the FYRE web site, there’s now an “public sale” tab for the proposed sale.

FF 2.0 has had its string of points lately, together with controversy over whether or not or not the native authorities in Mexico was conscious the competition was speculated to happen of their metropolis … one thing Billy mentions within the press launch too — promising a number of Caribbean international locations are fascinated with internet hosting the occasion.

McFarland will not say the place but … and, he says it is best if every thing is saved below lock and key till he is formally distant from FYRE — permitting a brand new crew to maneuver ahead unencumbered by him.

As you recognize … Billy McFarland served 4 years in jail for wire fraud after the primary competition didn’t stay as much as lots of its guarantees.