Randy Phillips confirmed for SFX 2.0

Phillips, the former AEG Live and Global Entertainment CEO, will head up a board also comprising Charles Ciongoli and representatives of three of SFX's investors

© Pollstar

After months of speculation, it has been has confirmed that former AEG Live CEO Randy Phillips will take over the running of SFX Entertainment when it emerges from bankruptcy in early 2017.

Buried in a mammoth 241-page court document, filed on Friday, is the news that Phillips (pictured) – listed under his real name, Brandon Phillips – will become SFX’s new CEO and president, with Global Entertainment alumni Charles Ciongoli named executive vice-president and chief financial officer, Alan Walter – presumably rival Insomniac’s current…

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