Fyre Festival's embattled founder is selling the brand: 'It's time to pass the torch'

Fyre Festival founder Billy McFarland, pictured in 2023, is putting the brand up for sale two years after announcing plans for a second event.

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.

(Image credit: Theo Wargo)