Live Nation Entertainment has faced significant criticism this year over its executive pay, following reports of CEO Michael Rapino earning nearly $140 million in pay in 2022, with Berchtold earning a reported $52.4 million that year including more than $40 million worth of stock awards. The enormous pay gap – Rapino made more than 5,000x the median employee pay at Live Nation in 2022. (Berchtold's pay was a mere 2,041 times the company median of $25,673).