Migos will pay $30,000 to settle a Fyre Festival lawsuit
Migos are to pay $30,000 (or just under £26,000) to settle an ongoing case that revolves around Fyre Festival. Remember Fyre Festival, when hoarding and mass panic were confined to a small island in the Bahamas? Those were the days.
The group were targeted for their involvement in the star-studded festival last year – along with influencers such as Kendall Jenner and Emily Ratajkowski, and musicians including Blink-182 and Pusha T – with the event’s trustee Gregory Messer attempting to reclaim money paid out unlawfully for talent and promotion.
Apparently, Messer aims to retrieve the money for investors who made losses on the festival. Among those he is targeting are artists who didn’t even turn up (presumably because they noticed something was pretty shady leading up to the festival).
Migos were paid $100,000 to play at the event, according to NME, but have agreed to pay the $30,000 sum “as full and final settlement and complete satisfaction of any claims the Trustee has raised against the Defendant”.
Up to $500,000 was allegedly paid out to other individual artists to appear, such as Blink-182, while Nue Agency reportedly received $730k for Pusha T, Desiigner, and Tyga.
Fyre Fest founder Billy McFarland, meanwhile, is serving six years in jail, where he’s also writing a book to chronicle the event (ofc).
DMT.NEWS
via https://www.DMT.NEWS
Thom Waite, Khareem Sudlow
