The touring giant said Michael Rapino had no business being deposed over the deadly crowd crush. But victims’ lawyers argued that he was directly involved in key decisions.
High-margin premium experiences — from VIP access to food and beverage — are becoming increasingly common at music venues.
Billboard’s annual Executive Money Makers ranking shows music’s top executives were paid handsomely post-pandemic in 2022 — and some shareholders are not happy.
More than 53% of votes cast rejected 2022 compensation packages for Rapino and other top executives.
As more fans book flights and hotels for marquee events, promoters want a piece of the pie.
The Axios-sponsored event included a performance by Lainey Wilson as Rapino and his company push for ticketing legislation.
The pay bump, which includes a signing bonus and a performance bonus, comes amid a rocky time for the company.
The chief executive’s second seven-figure acquisition in three years is meant to shore up confidence in the concert promotion giant.
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