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Fire Festival II does not yet have a lineup or a date, though the first drop of tickets sold out in less than a day.

Thanks to the internet, a new type of resale economy has risen around demand for merch from corporations with a spectacular fall from grace.

Fyre Festival ticket-holders win $2m settlement © Getty Images The Fyre Festival was organised by now-convicted fraudster Billy McFarland (left) and rapper Ja Rule (center) Four years after the Fyre Festival fiasco, 277 ticket-holders could see some $7,220 (£5,226) returned, thanks to a settlement in a US federal court. Organisers of the 2017 music event, which was billed as "the cultural experience of the decade", had promised a luxury two-weekend Bahamas getaway. Attendees arrived instead to find total chaos: no musical acts, no planning and only disaster relief tents to sleep in. The $...

Fyre Festival: Ticket-holders to receive money from $2m class action settlement Published image captionThe Fyre Festival was organised by now-convicted fraudster Billy McFarland (left) and rapper Ja Rule (center) Four years after the Fyre Festival fiasco, 277 ticket-holders could see some $7,220 (£5,226) returned, thanks to a settlement in a US federal court. Organisers of the 2017 music event, which was billed as "the cultural experience of the decade", had promised a luxury two-weekend Bahamas getaway. Attendees arrived instead to find total chaos: no musical acts, no planning and only dis...