After 15 years with the label, the Mexican superstar will now release music through her own Great Talent Records.
The president hosted leaders from ticketing organizations to address hidden fees passed on to consumers.
Top executives at public touring and ticket companies have been saying post-pandemic demand remains strong and isn't showing signs of letting up.
The executive joins the Live Nation-owned streaming company from SPIN.
MSG Entertainment shares were up more than 19% this week, while CTS Eventim and Live Nation were also among the best-performing stocks.
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.
