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.
The top 10 executives on Billboard's annual ranking received an average of just 10% of their pay from base salaries -- on the low side for the corporate world.
High-margin premium experiences — from VIP access to food and beverage — are becoming increasingly common at music venues.
More than 53% of votes cast rejected 2022 compensation packages for Rapino and other top executives.
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.
