A UK law firm is suing Ticketmaster for up to £5m following a security breach last year which led to “multiple fraudulent transactions”
Sign up for IQ Index
The latest industry news to your inbox.
CAA, UTA, ICM Partners among agencies being sued by Fyre Festival trustee for a collective $1.75m
By Anna Grace on 30 Aug 2019
A Fyre Festival trustee has filed a lawsuit against major talent agencies, demanding a return of fees paid to artists they represented to play in the failed event.
Multiple artists were paid to perform at the festival, at which no music was ever played, despite fans paying between $1,500 and $50,000 for tickets. Festival organiser Billy McFarland was later given a six-year prison sentence for fraud and ordered to pay a $23 million fine.
A festival trustee is now attempting to sue Creative Artists Agency (CAA), United Talent Agency (UTA), ICM Partners and Nue Agency for a collective sum of over US$1.75m.
New York’s Nue Agency is facing the greatest amount, with the trustee reportedly asking for the return of $730,000 paid to Pusha T, Desiigner and Tyga.
The lawsuit is also seeking $585,000 from CAA, who represent Fyre headliners Blink-182 in North America, Australia and Mexico. CAA is also reportedly being sued for the fees paid to Claptone, Bedouin (North America) and Lee Burridge (the Americas, Asia, Australia).
CAA, UTA, ICM Partners and Nue Agency are being sued for a collective sum of over $1.75m
The trustee is demanding $350,00 from LA-based ICM Partners for the fees paid to artists Lil Yachty (North America), Migos (North America) and Rae Sremmurd (now CAA), whereas UTA is being asked for the return of $90,000 paid to Skepta (North America).
The same individual has filed lawsuits against models Kendall Jenner and Emily Ratajkowski, for the $275,000 and $300,000 they were paid respectively for promoting the festival on Instagram with a “clear lack of good faith”.
Saddleback Cay, the Bahamian island featuring in much of Fyre Festival’s promotional material, has recently been put up for sale at $11.8m.
The trustee is also seeking to void the transfer of $14.4m from the festival to parent company Fyre Media, of which $11m was allegedly transferred to McFarland.
Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.