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LimeWire Buys Financially Troubled Fyre Festival

LimeWire plans to revive the Fyre Festival brand by combining digital innovation with real-world community events, aiming to correct past failures and leverage its cultural notoriety.

  • LimeWire acquired the Fyre Festival brand in 2025 and announced a reimagined vision that will focus beyond the original festival experience.
  • This acquisition followed multiple failed attempts to relaunch Fyre Festival and Billy McFarland’s auctioning of its assets after his conviction for fraud.
  • LimeWire plans to revive the brand and meme rather than the festival, aiming to integrate real-world events with community engagement and technology.
  • COO Marcus Feistl emphasized their goal to embrace the meme while avoiding past errors, and CEO Julian Zehetmayr reflected on the brand’s controversial but notable legacy.
  • The acquisition implies a move to transform Fyre into a cultural and crypto-related venture grounded in transparency, humor, and token integration at in-person events.
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TMZ broke the news in Los Angeles, United States on Tuesday, September 16, 2025.
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