The rights to the troubled Fyre Festival brand have sold for only $245,000 in an eBay auction. The sale included IP, brand ...

FYRE Festival has new ownership after the brand's co-founder, Billy McFarland, sold the rights on eBay for just $245,300. The ...

After two futile attempts and a long stint in prison, Billy McFarland finally gave up on the Fyre Festival and sold it on Ebay for $245,300.