a new day for DFN and FPSF

Popular Houston music festivals auctioned off due to embattled owner's unpaid debt

Popular Houston music festivals auctioned off due to owner's debt

Dutch Small Omar Afra Our Vodka
Omar Afra no longer owns the two festivals he helped found.  Photo by Blair Truesdell

Ownership of Houston's popular Free Press Summer Fest and Day for Night festivals was sold on November 26 in an auction due to an unfulfilled loan agreement between the founder and FPH Chicken Holdings.

A statement released by lawyers said Omar Afra, the festivals' owner, sold the entities for $50,000 to FPH Chicken Holdings after racking up $850,000 in debt for funding made in late 2015 and early 2016. The statement says the loan was intended to be short term.

FPH Chicken Holdings is now the sole owner of the entities that own both festivals.

The sale doesn't fully extinguish the debt owed by Afra to FPH, and it is anticipated that further legal action will be taken for the remaining $670,000 owed to FPH.

In August 2018, the creditors of the Day for Night Festival decided to foreclose on the entity that owns the festival in the wake of sexual misconduct allegations made against Afra. He denies the claims.

Afra also agreed to severe ties with Free Press Houston, which sponsored the popular Free Press summer festival.

"I don't want to put a stink on it," he says by phone.

---

For more on this story, including video, visit our content partner ABC13.