Netflix Announces New Doc About Doomed Fyre Festival [VIDEO]

Posted on: December 11th, 2018 at 5:00 am by

The story behind Fyre Festival, one of the most epic music industry debacles in recent memory, is coming to the small screen. Netflix announced a new documentary airing next month called, Fyre, which chronicles the failed event and criminal fallout from the 2017 springtime meltdown.

The doc “gives a first-hand look into the disastrous crash of Fyre as told by the organizers themselves.”

The treatment is directed by Chris Smith, and produced by Vice Studios, Library Films, and Jerry Media.

(Hulu is also slated to air its own docu-series about the drama next year.)

Co-founded by Billy McFarland and Ja Rule (Jeffrey Atkins), the Fyre Festival promised a high-end concert experience in a tropical setting (i.e. Bahamas). Social influencers were tapped as brand ambassadors and promo vehicles. Instead, it infamously became a goulag resembling Lord of the Flies. In the lead-up to the event, every booked band canceled upon realizing the festival was falsely advertised, stranding thousands.

Fyre Festival wasn’t the first time co-founder Billy McFarland built a scheme based on promises of luxury benefits and high society. He previously ran an elite millenials social club in Manhattan called Magnises. (For two years they would meet in the Hotel on Rivington penthouse for soirees.) For $250-per-year, members gained entry to exclusive celebrity events, a concierge service to score hard-to-get concert tickets and restaurant reservations, and access to a swanky, shared hangout pad. Then it all crashed to the ground.

According to the March 9 judgment issued in Manhattan federal court, McFarland was ordered to repay the $26 million he admitted to stealing from investors. He was sentenced to six years in federal prison back in October for multiple counts of fraud stemming from both involvement in Fyre and for running a fake ticketing scheme while on bail.

Fyre airs on Netflix January 18.

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