The stock climbed 15% on Friday as the company beat consensus with over $3 billion in revenue and forecast a strong year ahead.
Revenue for the concert promotion giant was up 73% over last year, generating $3.1 billion.
The low-dough tix will be available for more than 3,800 shows across North America this year.
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.
By barring the use of long-term contracts, the legislation risks the unintended consequence of negatively affecting both venues and fans.
Working with partners including Insomniac, C3 Presents and Country Nation, Vibee will curate immersive trips for music lovers on both land and sea.
He's founder and CEO of Klutch Sports Group, a United Talent Agency board member and Adele's longtime partner.
Also this week: NetEase renews its licensing deal with "Mandopop" label Rock Records, Symphonic enters the Web3 space and more.
The chief executive's second seven-figure acquisition in three years is meant to shore up confidence in the concert promotion giant.
