In July, Billy McFarland auctioned off Fyre Festival and sold it for $245,300, complaining that the price was “so low.” In September, he revealed the buyer was none other than LimeWire. Did you think the notorious entrepreneur’s ridiculous ventures would end there? Of course not. He’s launching a new island festival called PHNX 2025, and it’s slated for Dec. 4-Dec. 8 on Diamond Cay in the Caribbean. French Montana has been announced as the headliner.
