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Reading: LimeWire buys Fyre Competition, asking ‘What Might Probably Go Mistaken?’
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StockWaves > Global Markets > LimeWire buys Fyre Competition, asking ‘What Might Probably Go Mistaken?’
Global Markets

LimeWire buys Fyre Competition, asking ‘What Might Probably Go Mistaken?’

StockWaves By StockWaves Last updated: September 16, 2025 3 Min Read
LimeWire buys Fyre Competition, asking ‘What Might Probably Go Mistaken?’
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Attendees arrived to their “luxurious lodging” of domed tents on the notorious Fyre Competition.

Supply: Seth Crossno

LimeWire, the filesharing service that set the web ablaze within the 2000s earlier than being shut down for copyright infringement, mentioned Tuesday that’s buying the rights to Fyre Competition.

And it appreciates the irony.

“LimeWire Acquires Fyre Competition Model — What Might Probably Go Mistaken?” the corporate titled its information launch.

LimeWire mentioned it could “unveil a reimagined imaginative and prescient for Fyre — one which expands past the digital realm and faucets into real-world experiences, neighborhood, and shock.” The corporate provided no extra particulars about how the Fyre model shall be relaunched.

For years, LimeWire operated as a competitor to fellow file-sharing platform Napster earlier than being successfully shut down by a courtroom ruling in 2010 after a decide dominated it had facilitated large-scale copyright violations. In 2022, Austrian brothers Julian and Paul Zehetmayr purchased LimeWire’s mental property and turned it into an NFT service.

Fyre Competition was a 2017 music pageant that noticed ticket consumers spend 1000’s of {dollars} for a weekend within the Bahamas solely to be met with a logistics debacle that included moveable loos taking the place of standard bogs, and low-budget meals choices that betrayed guarantees of movie star chef fare. Organizer Billy McFarland was later convicted of fraud and sentenced to 6 years in jail.

“Fyre turned an emblem of hype gone flawed, nevertheless it additionally made historical past,” LimeWire CEO Julian Zehetmayr mentioned. “We’re not bringing the pageant again — we’re bringing the model and the meme again to life. This time with actual experiences, and with out the cheese sandwiches.”

LimeWire mentioned its bid was backed by Most Effort, the inventive company co-founded by the actor and entrepreneur Ryan Reynolds.

“Congrats to LimeWire for his or her successful bid for Fyre Fest,” Reynolds mentioned within the launch. “I stay up for attending their first occasion however shall be bringing my very own palette of water.”

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