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

The second iteration of the 2017 festival gone wrong was slated to take place May 30-June 2 Billy McFarland is onto a new business venture. On Wednesday, April 23, the founder of the controversial Fyre Fest founder revealed that he is selling the brand that made him infamous.

Fyre Festival promoter Billy McFarland says 'it’s clear that I need to step back' as he puts his brand up for sale. Fyre Festival 2 is currently indefinitely postponed and without a host location.