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.

Recent Stories

Tictail Brick-and-Mortar Market on Orchard Street Goes Under

Tictail officially closed down its Lower East Side market last month. The former shop at 90 Orchard Street is now a vacancy with the token farewell letter on the door. This retail surrender follows just a short while after the Swedish startup’s high-profile acquisition by Shopify. As for what’s next, expect nightlife of some sort. […]

More on ‘Gouie New York’ Sake Bar at the Market Line

The team behind Itzakaya, Davelle, and Samurice is multiplying again on the Lower East Side. More specifically, joining the ever-swelling roster of the Market Line concourse at Essex Crossing. As previously reported, the entity is to be a Japanese sake bar called Gouie New York. And now we have some additional details, including sample menu […]

Century and A Half-Old Wood Frame House on Grand Street on the Market for $5.4M

The People would most likely choose a lesser price tag, but so it goes for $5.4 million. Along the gateway to Grand Street stands number 527, a three-story frame house, currently home to beloved People Choice Pharmacy, a Mom-and-Pop shop for the ‘hood. The folks at People, currently on a month-to-month lease, cater to Lower […]

‘Mulberry Market’ Might Open Next Month in Little Italy

While attention has been hyper-focused on the drama of McNally Jackson Books and its fate on Prince Street (staying put, as reported), it’s appropriate to revisit the adjacent grocery store space around the corner at 251 Mulberry. Interior fit-out of the upscale Mulberry Market is still ongoing. Yet, an opening date is nigh. Sleuthing reveals […]

Tats Cru Tapped For Bowery Mural Wall

At the Bowery Mural Wall it’s one icon after another. The slate was wiped clean, so to speak, late last week. Gone is JR’s anti-gun proclamation, just in time to make way for Tats Cru. The legendary outfit teamed up with Crash One for the effort, which began at the wall yesterday with the outlining. […]