Bruce Springsteen die-hards are besides themselves with the way the new Ticketmaster ticket pricing has left more fans deciding where to pay their rent or catch the E Street Band. The Asbury Park Press reported that with several of the initial onsales happening last week, “the price of some floor seats rose to more than $4,000 due to the Ticketmaster dynamic pricing system, which adjusts the price in real time due to demand. . . The base price for the shows was $60 to $399 on Wednesday (July 20th).”
Ticketmaster's official website explained the concept of “Dynamic Pricing,” also called “Platinum Seats,” as enabling market-based pricing (adjusting prices according to supply and demand) for live event tickets, similar to how airline tickets and hotel rooms are sold.”
E Street Band member Steve Van Zandt was asked on Twitter about the ticket situation and responded by posting: “I have nothing whatsoever to do with the price of tickets. Nothing. Nada. Niente. Bubkis.”