Fyre Fest creator Billy McFarland launches new ‘Phnx’ event

Creator of the Doomed Fire Festival is hoping to get a new event off the ground this weekend. >> Does he get credit for just not quitting? >> I was going to say something else. >> His name is Billy McFarland. He's back and this time he says you can believe him. He's promising a once- ina-lifetime festival of music, experiences, and fun. And we will say people who've been to his experiences will be talking about them for a lifetime. It's all taking place this weekend on a small island off the coast of Honduras. The artists are flying. The documentary cameras are rolling. To everybody that said there wouldn't be power. To everybody that said the Phoenix wouldn't rise. >> Yeah, he's claiming these artists. I think you're going to get there and find his grandmother with a banjo. Unlike Fire Festival 2, which McFarland advertised is taking place last spring in Mexico before the government pulled the plug. This year's festival is called Phoenix. As you heard him say there, this would be his third attempt at running a music festival. His first try very memorably ended in fiasco with McFarland sentenced to six years in jail after he promised concert goers the ultimate luxurious music festival in the Bahamas. But what they really got were soggy cheese sandwiches, pup tents, and no