Bruce Springsteen’s manager, Jon Landau, is defending record-high ticket prices for the legendary rocker’s 2023 tour. He said:
“In pricing tickets for this tour, we looked carefully at what our peers have been doing. We chose prices that are lower than some and on par with others.
“Regardless of the commentary about a modest number of tickets costing $1,000 or more, our true average ticket price has been in the mid-$200 range. I believe that in today’s environment, that is a fair price to see someone universally regarded as among the very greatest artists of his generation.”
Steven Van Zandt, the E Street Band guitarist said:
“I have nothing whatsoever to do with the price of tickets. Nothing. Nada. Niente. Bubkis.”
“Promoters and artist representatives set pricing strategy and price range parameters on all tickets, including dynamic and fixed price points.
“Ticketmaster has created analytical tools that use historical and real-time data to help quantify supply and demand to determine prices.
“While people may have had a very different impression, overall 18% of Springsteen’s U.S. tour tickets sold for under $99, and only 1% of tickets sold for more than $1,000.”
But fans are furious with Ticketmaster and Bruce over the price as some seats jumped to over $4,000 due to Ticketmaster’s “dynamic pricing program,” and fans let Bruce have it on social media.
One said, “Gotta get a 2nd mortgage to get a ticket.”
Another said: “Waiting for the quote on selling my kidney to get nosebleed seats.”
According to KHOU: “Ticket broker Kayla Ramsey with Midtown Premium Tickets said primary sellers like Ticketmaster and AXS are now doing exactly what ticket brokers do.
“Many of these tickets are being priced on the primary market the same way scalpers price it on the secondary market, based on supply and demand,” said John Breyault, Vice President, Public Policy, Telecommunications, and Fraud for the National Consumers League.
“That means prices can change from minute to minute.
“Shoppers reported selecting $250 tickets only to see them climb to $700 by the time they checked out. Some tickets got up to $4,000 to $5,000,” KHOU reported.
I have nothing whatsoever to do with the price of tickets. Nothing. Nada. Niente. Bubkis. Dick. https://t.co/NsDJvoLMWu
— 🕉Stevie Van Zandt☮️ (@StevieVanZandt) July 20, 2022
— eden (@WORLDL1NG) July 21, 2022
Ticketmaster has been ripping off concert fans forever. Now they’re soaking Bruce fans. It’s time the Live Nation-Ticketmaster octopus is broken up.https://t.co/TKn0yUvPti
— Bill Pascrell, Jr. 🇺🇸🇺🇦 (@BillPascrell) July 23, 2022