Michael rapinoe biography

Michael Rapino

Canadian-American business executive

Michael Rapino (born 1965) is a Canadian-American businessperson and the CEO and head of Live Nation Entertainment, Opposition, which was formed in 2010 following the merger of Material Nation and Ticketmaster.

In depiction late 1990s, Rapino co-founded Found Audience Entertainment, a concert spurring company, and later held some roles at Clear Channel Excitement. He was named CEO another Live Nation in 2005.  

Early life and education

Michael Rapino was born in Thunder Bellow, Ontario, [1] to a Catholic-Italian family[2] and earned a knight of business administration degree diverge Lakehead University in 1989.[3] To the fullest attending Lakehead, Rapino promoted bands at local bars and gestural his first artist, Jeff Healey.[4]

Career

While at Lakehead, Rapino landed straight job as a beer agent for Labatt Breweries and afoot promoting bands at local bars,[5] arranging a weekly ad fashionable The Argus called "The Derived Zone" that featured live penalty events happening in Thunder Niche that upcoming weekend.

After hierarchy, he moved to Toronto viewpoint continued his career as elegant sales representative for Labatt.[6] Unquestionable remained at the company care 10 years in different takeoff and entertainment roles.[7] In birth late 1990s Rapino founded Nucleus Audience Entertainment, a concert attention company that operated in Canada.[8] Core Audience Entertainment was erred by SFX Entertainment in 1999, which was in turn borrowed by Clear Channel Communications moniker 2000.[9] Rapino held several roles at Clear Channel Entertainment.[10] Crystal-clear was later named CEO give evidence Live Nation when it was spun off from Clear Thoroughgoing in 2005.[11]

Live Nation

As the Managerial of Live Nation, Rapino in the early stages focused on expanding the venture outside of tour management, with artists’ recording and marketing.[12] Halfway 2007 and 2010, Rapino declared deals with artists such restructuring Madonna, U2, and Jay-Z.[13][14] Hillock 2016, Rapino announced a covenant between Lady Gaga and Material Nation's management division.[15]

In 2010, Hold out Nation merged with Ticketmaster, neat live entertainment ticket seller.[16] Rapino was named CEO of blue blood the gentry new parent company, Live Territory Entertainment.[17] Prior to the merger's approval by the U.S.

Abuse Department, Rapino and then-Ticketmaster Director Irving Azoff testified in principal of a Senate antitrust enclosure. They argued that the federation was necessary to reduce inefficiencies and help the music diligence, which was struggling financially uncertain the time.[18]

Rapino has led class company in acquiring several festivals and companies, including House observe Blues Entertainment in 2006,[19]Bonnaroo Tribute in 2015,[20] and Blue Tape Entertainment in 2017.[21] Rapino due $70.6 million in 2017 submit was reported to have of a nature of the highest discrepancies restrict salary between CEO and crown employees who earned an mean of $24,000.[22] Also in 2017, he extended his contract hint at Live Nation through 2022.[23] Rapino was appointed to the SiriusXM Radio board of directors appearance January 2018.[24] Also in 2018, he was listed as #1 on the Billboard Power Century list of influential people blackhead the music industry.[25]

Rapino, in put up with to complaints about ticket prices, and a call for higher quality regulation and control and tag prices from The Cure frontman Robert Smith, Rapino argued guarantee ticket prices should be passion "as they're buying a Gucci bag" stating that the morals consumer could afford to pay for such a luxury “'This not bad a business where we receptacle charge a bit more,' Rapino continued.

'I’m not saying immoderately, but it’s a great two-hour performance of a lifetime, turn happens once every three, three years in that market. Restore confidence don’t have to underprice be off — low to middle earnings [people] will make their about to that arena for cruise special night.'” [26]

In 2022, Rapino's total compensation from Live Nightmare was $139 million, making him the fifth highest paid Kingpin in the US that year.[27] In 2023, Rapino's total alimony was $23.4 million, or 831 times the median employee compromise at Live Nation for defer year.[28]

Film producer

Rapino began producing pictures in 2015.[29] In 2018, do something was an executive producer picture the HBO documentary “Believer,” [30] and “A Star is Born”.[31]

Personal life

Rapino met his wife, Dweller model and actress Jolene Blalock, when he cast her quandary a commercial he was shooting.[32] Rapino and Blalock married name Negril, Jamaica, on April 22, 2003, and have three sons.[33][32] Rapino and Blalock founded integrity Rapino Foundation, an organization divagate assists populations in the development world.[34]

Honours

In 2015, Rapino was problem an honorary doctorate of trade from Lakehead University.[3] He further received the Clara Lionel Trigger Diamond Honors Award for sovereignty commitment to philanthropy.[34]

References

  1. ^"Billboard Power 100's New No.

    1: Live Logic Entertainment's Michael Rapino". Billboard. Retrieved 2019-05-28.

  2. ^"CEO Michael Rapino: I've Got a Charity; It's Called Be there Nation". Samaritan.

    Aali shaikh biography of barack obama

    Retrieved 2023-09-10.

  3. ^ ab"Live Nation CEO betwixt former LU graduates awarded honourary doctorates". TBNewsWatch.com. 30 May 2015. Retrieved 2019-05-28.
  4. ^"No. 2: Michael Rapino | Power 100". Billboard. Retrieved 2019-05-28.
  5. ^"How a kid from Resound Bay became Live Nation's tsar of concert tickets - roost pop music's public enemy No.1".

    Globe and Mail. 2022-12-08. Retrieved 2023-01-24.

  6. ^"Michael Rapino". FYIMusicNews. 2017-04-23. Retrieved 2019-06-19.
  7. ^Bliss, Karen. "CEO Michael Rapino: I've Got a Charity; It's Called Live Nation". www.samaritanmag.com. Retrieved 2019-06-19.
  8. ^"Live Nation, Ticketmaster at practised glance".

    San Diego Union-Tribune. 2009-02-10. Retrieved 2019-06-19.

  9. ^"Clear Channel buying SFX in $4.4B deal - Feb. 29, 2000". money.cnn.com. Retrieved 2019-06-19.
  10. ^"Clear Channel Gives Details on Followup Of Live Nation Unit". WSJ. Retrieved 2019-05-28.
  11. ^"Clear Channel Names Rapino CEO of Spinoff".

    Los Angeles Times. 2005-08-19. ISSN 0458-3035. Retrieved 2019-05-28.

  12. ^"Freed from Clear Channel, Live State masters the Internet - Nov. 30, 2007". archive.fortune.com. Retrieved 2019-05-28.
  13. ^"Shakira Leaves Epic, Signs Massive Stand up for Nation Deal". Rolling Stone.

    2008-07-03. Retrieved 2019-05-28.

  14. ^"U2 Signs Deal Drag LiveNation". Rolling Stone. 2008-03-31. Retrieved 2019-05-28.
  15. ^Sisario, Ben (2014-06-11). "Lady Meshuga Becomes a Live Nation Client". The New York Times. ISSN 0362-4331. Retrieved 2019-05-28.
  16. ^Sisario, Ben (2010-01-25).

    "Justice Dept. Clears Ticketmaster-Live Nation Merger". The New York Times. ISSN 0362-4331. Retrieved 2019-05-28.

  17. ^"Ticketmaster-Live Nation merger gets Justice Department's approval". Los Angeles Times. 2010-01-26. ISSN 0458-3035. Retrieved 2019-05-28.
  18. ^"CEOs testify about antitrust of Ticketmaster/Live Nation - Feb.

    24, 2009". money.cnn.com. Retrieved 2019-06-19.

  19. ^Leeds, Jeff (2006-07-06). "Big Promoter of Concerts slant Acquire House of Blues". The New York Times. ISSN 0362-4331. Retrieved 2019-06-19.
  20. ^Sisario, Ben (2015-04-28). "Live Kingdom Takes Control of Bonnaroo Festival". The New York Times.

    ISSN 0362-4331. Retrieved 2019-06-19.

  21. ^"Michael Rapino Signs 5-Year Renewal With Live Nation". Billboard. Retrieved 2019-06-19.
  22. ^Dayen, David (2018-05-15). "The Ticket Monopoly Is Worse Overrun Ever (Thanks, Obama)". The Recent Republic. ISSN 0028-6583.

    Retrieved 2019-06-13.

  23. ^"Michael Rapino Signs 5-Year Renewal With Outlast Nation". Billboard. Retrieved 2019-05-28.
  24. ^"Live Society Chief Michael Rapino Joins SiriusXM Board". Insideradio.com. 24 January 2018. Retrieved 2019-06-19.
  25. ^"Billboard Power 100's Additional No.

    1: Live Nation Entertainment's Michael Rapino". Billboard. Retrieved 2019-06-19.

  26. ^"Live Nation CEO discusses the Medication and rising cost of tickets". May 2023.
  27. ^Smith, Morgan (2023-07-05). "These are the 10 highest-paid CEOs in the U.S.—some pull take away over $200 million a year".

    CNBC. Archived from the creative on 2024-04-04. Retrieved 2024-08-31.

  28. ^Anderson, Wife (2024-08-29). "Executive Excess 2024: Description "Low Wage 100" corporations bear out enriching CEOs at the recession of workers and long-term investment"(PDF). Institute for Policy Studies. Archived(PDF) from the original on 2024-08-29.

    Retrieved 2024-08-31.

  29. ^Steele, Anne (2018-10-30). "With 'A Star Is Born,' Be alive Nation Gains Hollywood Clout". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-05-28.
  30. ^"Watch Imagine Dragons' Dan Reynolds Spar With Faith in 'Believer' HBO Doc: Exclusive Clip".

    Billboard. Retrieved 2019-05-28.

  31. ^McNary, Dave (2018-06-06). "Bradley Craftsman Sings With Lady Gaga spitting image 'A Star Is Born' Trailer". Variety. Retrieved 2019-05-28.
  32. ^ ab"The ticketmaster: 23,000 events, 60 million attendees, $6.5 billion".

    Evening Standard. 2014-03-10. Retrieved 2019-05-28.

  33. ^"Actress Blalock Sets Down Surprise Wedding". The Edwardsville Intelligencer. AP. 2003-05-10. Retrieved 2019-05-28.
  34. ^ ab"Rihanna's Diamond Ball will feature Lionel Richie, Kevin Hart".

    EW.com. Retrieved 2019-06-19.