Billy McFarland says he will sell the brand "to an operator that can fully realize its vision." The news comes days after the postponement of Fyre Festival 2, which was scheduled for late May.

"After two years of rebuilding FYRE with honesty, creativity, and relentless effort, it’s time to pass the torch," he shared ...

So far, Fyre Festival 2, the brand's second attempt after a scandal-ridden first round in 2017, as not gone well.

Fyre Festival's Billy McFarland is selling the brand after Fyre Fest 2 flopped. The follow-up event was indefinitely ...