It seems like there's going to be a good ending to the infamous Fyre Festival story, with Billboard reporting that the organisers and 277 attendees have reached a $2 million settlement.
The lawsuit, which was first filed nearly four years ago as a $100 million class action, will see each of the 277 attendees receive $7,220 USD. Billy McFarland, the mastermind of the festival, was sentenced to six years in federal prison back in March 2018 after pleading guilty to two counts of wire fraud.
Of course, this number could still change, as it depends on the outcome of Fyre Festivals's bankruptcy case with creditors who are still owed money. There's set to be a hearing to approve the settlement on May 13th.
Back in May 2017, celebrity lawyer Mark Geragos filed the case, alleging, “The festival’s lack of adequate food, water, shelter, and medical care created a dangerous and panicked situation among attendees — suddenly finding themselves stranded on a remote island without basic provisions — that was closer to The Hunger Games or Lord of the Flies than Coachella."
In an email to The New York Times, Ben Meiselas, a partner at Geragos & Geragos, as well as the lead lawyer representing the 277 attendees, wrote, “Billy went to jail, ticket holders can get some money back, and some very entertaining documentaries were made. Now that’s justice.”
However, at least one co-founder of Fyre Festival is still profiting off the event. Ja Rule recently sold an NFT oil painting of the festival's logo for $122,000, which is a fair chunk of change. The sale comes after he was legally cleared in the class action lawsuit.