Last week we heard how Bruce Springsteen tickets for his upcoming tour North American tour with the E-Street Band were going for thousands of dollars on Ticketmaster, and fans were irate. This will be the Boss’ first tour with the band since 2016, so as you can imagine lots of folks want to go.
Now the ticketing agency is defending those ticket prices that reached thousands of dollars, especially the platinum level tickets many of which climbed to as high as five-thousand-dollars apiece. Ticketmaster claims only about one-percent of tickets were sold at that price.
They say the "prices and formats are consistent with industry standards for top performers" and what they call "dynamic pricing" is a way of squeezing out scalpers. Ticketmaster is also downplaying the amount of tickets in that “dynamic pricing” program claiming that it comprises only 11% of tickets sold, and that most of the tickets are available for under $200 each.
So far, no comment from Springsteen about the controversy.