Yesterday, Billy McFarland shared the completely surprising information {that a} deliberate seven-figure deal he had apparently secured to promote the Fyre Fest model and IP had fallen via. Although he claims to have over 1,000 different presents for the twice canceled music pageant, he’s apparently “achieved enjoying video games.” And so the convicted fraudster is “taking probably the most well-known pageant model (his phrases, not ours) and placing it up for public sale on eBay [with a starting bid of] one cent.”
“Whoever owns the Fyre model can have an consideration engine to launch festivals, do merch collabs, do insane pop-ups, run livestreams, or construct a media model,” McFarland sarcastically proclaimed in a hype video he filmed whereas strolling the streets of New York Metropolis. (Additionally take a look at the man within the background. He actually provides a pleasant contact to the video!)
As of publication, bidding has reached 5 digits — particularly, $50,200. The winner will obtain the model’s identify, logos and IP, social media accounts, advertising belongings, domains, documentary footage, the choice for a Caribbean pageant location (which McFarland beforehand introduced), and electronic mail and SMS lists, which might be probably the most precious asset relying on how massive they’re. McFarland’s itemizing additionally hilarious touts artist and expertise relationships, which I suppose means you get Antonio Brown’s cellular phone quantity.