Randy Phillips

Entertainment veteran Randy Phillips has joined the board of Australian live entertainment company TEG, one week after producing and promoting Ye and Drake‘s sold-out Free Larry Hoover benefit concert at the Los Angeles Memorial Coliseum on Dec. 9. TEG and majority owner Silver Lake Capital — which also has investments in Oak View Group and Endeavor (which owns WME) — financed the sold-out “Free Larry Hoover” concert, which was organized in just three weeks. Phillips hired the production team for the concert, including Rob Hallett from U.K. outfit Robomagic Live, production manager Bryon “Hot Dog” Tate and Roadwerx’s Steven Dixon. “The four of us became DONDA Touring, supporting Kanye and working directly for him,” Phillips says. “That meant complete transparency in terms of the economics,...