Backstreets, a periodic Bruce Springsteen magazine that has been covering the singer since 1980, is shutting down due to disillusionment over Ticketmaster’s dynamic pricing model.
surrounding escalating ticket prices for the forthcoming E Street Band tour expressing that “too many Springsteen fans got thrown to the wolves, pushed aside in a way that seems as unfathomable as it was avoidable.”
To recap: Springsteen fans were shellshocked by Ticketmaster’s “dynamic pricing” program, in which “platinum tickets” — which may be placed anywhere in the arena, from the front section to the back rows — fluctuate in price, in what is said to be ongoing reaction to demand. The system lets ticket prices quickly rise to a level it’s believed resellers would get for them, keeping that extra money in-house for the artist and promoter.
“Let’s say this: I can set the price of my tickets,” he continued. “I can’t set their value — and so there are tickets that get valued at that amount of money and go for that amount of money all of the time and that money gets sucked up by the ticket brokers. I said, ‘Hey, let’s have the money go to the guys who are sweating up on stage for three hours.’ If that’s controversial for you, I don’t know what to say.”“We’re not alone in struggling with the sea change.
That said, tickets for the band’s first show in Tampa on Feb. 1 became available at face value prior to the show, selling for as low as $199 per ticket, with side stage tickets selling for $299 a seat. Fans in attendance were treated to a two-hour-and-45-minute set that included 28 songs, including six from the recent album “Letter to You” and two from the 2022 soul album, “Only the Strong Survive.” Future ticket sales for upcoming stadium shows looks brighter as well, Phillips concedes.
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