The festival disaster that gripped the world and inspired multiple documentaries is back for round two.

After his release from prison, event co-founder Billy McFarland has promised to reboot the ill-fated festival, with tickets selling for as high as $7999 (NZ$13,400).

Flicks.co.nz editor Steve Newall says it's unknown where the event will be held, when it will happen or who will headline.

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