The Fyre Festival documentaries on Netflix and Hulu have delivered to mild a substantial amount of data surrounding the catastrophe occasion. Still, many questions stay — particularly in terms of the insane amount of cash spent on promotion.
Festival organizer and convicted fraudster Billy McFarland reportedly raised $26 million from buyers and paid out a complete of $11.three million. In an effort to higher perceive the place the cash went, there’s an in depth investigation underway.
It’s possible that the businesses which represented excessive profile promotion fashions could quickly have to surrender transaction particulars. A subpoena is anticipated for IMG Models, the company of Bella Hadid and Hailey Bieber. Also, for Kendall Jenner in relation to a whopping $250,000 cost.
These fashions took half within the social media marketing campaign that instigated insane hype for the “Greatest Party that Never Happened.” It’s believed their influencer standing led to the preliminary success and intrigue behind the title Fyre.
Jerry Media, the web company backing Fyre pageant, in addition to monetary consultants, buyers, and others that obtained cost face subpoenas within the investigation.
Artists together with Soulja Boy and Waka Flocka Flame may probably be subpoenaed.
Needless to remain, there’s nonetheless so much to be uncovered surrounding the rise and fall of Fyre Festival. Stay tuned for extra data as this investigation unfolds.