Business News Gigs & Festivals Live Business
By Chris Cooke | Published on Friday 1 September 2017
The company behind the disastrous Fyre Festival has been put into bankruptcy by a US judge, according to the Wall Street Journal. Though its Fyre Festival LLC currently facing the bankruptcy proceedings, rather than parent company Fyre Media Inc.
As much previously reported, the inaugural Fyre Festival promised ticket buyers a luxury experience in the Bahamas. But the event collapsed just as its customers were arriving on the island of Great Exuma, as it became clear that the ventures inept management werent capable of delivering a basic festival, let alone the premium set up that had been prom…
Read the full article at: http://www.completemusicupdate.com/article/fyre-festival-company-forced-into-bankruptcy/