Remember those luxurious cheese sandwiches and FEMA tents? The courts sure do, and they’ve decided exactly how much the experience was worth.
Fyre Festival organizers reached a settlement Tuesday to the tune of $2M. That’s $7,220 for each of the 277 ticketholders, according to The New York Times. Though these promises have since turned out to be hollow, attendees lined up to spend between $1,000 and $12,000 to get in. Here’s hoping a check can soften the experience of finding yourself stranded and broke in a foreign country.
Founded by Billy McFarland, who is currently in prison, and rapper Ja Rule, the 2017 music festival promised a beautiful getaway on an island previously owned by Colombian drug kingpin Pablo Escobar. Many learned of the event from celebrities like Bella Hadid, Hailey Bieber, and Kylie Jenner, who has since had to pay her own settlement related to the festival.
The class-action settlement, reached in US Bankruptcy Court in the Southern District of New York is pending final approval. A hearing is scheduled for May 13.