The long-plagued Fyre Festival has been sold to LimeWire, the Austria-based technology company that became famous during the early 2000s for illegal file sharing and music piracy.

LimeWire president Julian Zehetmayr tells Billboard that the company was purchased by a new management team in 2021 and now focuses on digital content sharing through decentralized infrastructure, comparing LimeWire to firms like WeTransfer.

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