Ticketmaster responds to angry fans over $5,000 Bruce Springsteen tickets, insists most of them are cheaper

Ticketmaster issued an official response after Fans flooded social media with criticism for higher than average ticket prices to see Bruce Springsteen in concert.

The controversy centers on “dynamic pricing”, a method of determining ticket prices by demand to discourage scalping. According to the company’s website, this “enables market-based pricing (adjusting prices based on supply and demand) for live event tickets, similar to event tickets. plane and hotel rooms are sold”.

Fans began to react strongly when variable-priced “platinum” tickets soared to $5,000 each on the first day of sales, per variety. But now, Ticketmaster says those astronomical ticket prices represent just 11.2% of the total number of tickets sold so far.

“Pricing and formats are consistent with industry standards for top performers,” the company said in a statement. They confirmed that 1.3% of Springsteen’s tickets cost more than $1,000. In an unprecedented move, Ticketmaster has given an exact breakdown of ticket prices so far to combat misconceptions.

They claim that 56% of tickets were sold for less than $200 and 18% were sold for less than $99. Additionally, 27% went between $100 and $150 and 11% sold between $150 and $200.

Ticket sales for The Boss’ 2023 US tour are staggered over ten days, the publication notes. The company is releasing this financial information in hopes that fans will not be discouraged from purchasing tickets in the coming days.

Springsteen has yet to release a statement on the situation, but fans are especially irritated that a rock star known as the Worker’s Champion has such expensive concert tickets.

E-Street Band guitarist Steven Van Zandt has spoken out, telling angry fans not to blame the musician for prices he doesn’t control.

“I have nothing to do with ticket prices”, Van Zandt tweeted in response to a fan bringing up the high ticket prices. “Nothing. No. Niente. Boubkis.

Ticketmaster’s statement appears to do little to assuage fans’ moods. Many tweeted in response to the article, insisting that these supposedly cheaper tickets don’t exist.

“I haven’t seen anything under $299 and as I was trying to get them the seats suddenly went up to $515+,” one fan said. wrote. “I had no idea what was going on. Entire rows, then sections going up in price, then disappearing. It took a minute to realize prices were changing like the national debt ticker. $750 for 2.

“I bought only one ticket. $125. But it’s in the nosebleeds. Literally the worst seat I’ve had for a Bruce show since the mid 80’s. Usually I’m on the floor, for about the same price”, someone else share.

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