Live Nation CEO’s Pay Tied to ‘Solving’ DOJ-Antitrust Problem

(Bloomberg) -- Live Nation Entertainment Inc. Chief Executive Officer Michael Rapino told a New York jury that his multi-million-dollar compensation is tied in part to his “solving the DOJ problem” — a reference to the threat posed by government antitrust enforcers who want to break up the company. About 90% of Rapino’s pay comes from a cash bonus and stock grant, the CEO acknowledged Thursday during testimony at an antitrust trial in federal court. Live Nation’s board bases those payouts on whether certain ...