The Fyre Festival is still struggling with a company involved five years later Netflix documentary about the failed event Lawsuit seeking over $100,000 in unpaid fees and legal fees, new court filings claim.
FM2010, LLC says it provided 16 percent of the footage for the 2019 film FYRE: The Greatest Party That Never Happened, according to a Thursday filing in Manhattan Superior Court.
FM2010 is a subsidiary of Matte Finish, which has shot over 100 hours of film in the Bahamas and New York as part of its promotional work for the festival and McFarland. FM2010 provided some of this footage for use in the Netflix film under an April 19, 2018 agreement with production companies Exuma Films LLC, Library Films LLC and Jerry Media LLC, according to the court filings.
According to FM2010, under the agreement, Exuma would legally cover FM2020 should problems arise from the use of the footage, court filings say.
Also, FM2020 was supposed to be paid 16 percent of the profits from the film, but Exuma stopped accounting and stopped paying FM2010 on April 19, 2019, according to the lawsuit.
FM2010 says it doesn’t know the full amount owed to it of the 16 percent profit. In addition, FM2010 owes $43,706 for post-production and legal work, filing claims.
Then, in 2019, FM2010 was dragged into a bankruptcy case when subpoenas were issued for documents and information.
FM2010 has settled for $15,000 in bankruptcy proceedings. According to FM2010, Exuma should pay the settlement and attorneys’ fees totaling $53,000, the lawsuit says.
The luxury music festival should take place on two weekends in April and May 2017.
McFarland and rapper Ja Rule sold tickets ranging from $1,200 to $100,000 together. But instead of posh food and lodging, attendees were served cold cheese sandwiches and housed in FEMA tents.
McFarland is serving a six-year sentence for fraud after raising millions from ticket sales, much of which he spent on himself and promoting the event, which he eventually canceled.
Jerry Media and Library films did not immediately respond to requests for comment. Exuma could not be reached for comment. A lawyer for the companies did not immediately respond to a request for comment.
https://nypost.com/2022/03/04/fyre-festival-causing-woes-with-new-suit-over-netflix-documentary/ Fyre Festival is causing trouble with a new lawsuit over a Netflix documentary