Billy McFarland has secured funding for Fyre Fest 2.0 and a Broadway musical

nme.com:

Fyre Fest — claims he has secured adequate funds to pay off his debts, launch a new version of the festival, and develop a Broadway musical about the original event.First developed by McFarland six years ago, the botched festival Fyre Fest was originally set to run over two weekends on a private beach in the Bahamas, but was revealed to be fraudulent once punters arrived on the scene, with inadequate conditions and a lack of food and water.The debacle was then captured in the now iconic Netflix documentary FYRE.Following the failure of the festival, McFarland pleaded guilty to multiple counts of fraud and was sentenced to six years in prison.

He was released early from his sentence in 2022, after serving four years.In March this year, McFarland laid out his plans to repay the $26million (£20.9million) he owes to investors. “Here’s how I’m going to pay it back: I spend half my time filming TV shows.

The other half, I focus on what I’m really, really good at,” he said on Twitter.“I’m the best at coming up with wild creative, getting talent together, and delivering the moment,” he added, concluding his tweet with a number at which people could contact him with business opportunities.Two.