Tickermaster’s new “dynamic pricing” has forced Bruce Springsteen to price up to $5,000

Bruce Springsteen fans are furious that tickets for his summer shows are selling at up to $5,000 due to Ticketmaster’s “dynamic pricing” system, which has also skyrocketed ticket prices for big stars like Harry Styles, Drake and Taylor Swift costs.

Mid-floor tickets for The Boss’s 2023 US Arena Tour are priced at $4,000-$5,000 each on Ticketmaster, with lesser sought-after seats still fetching high prices in excess of $1,000.

The outrageous prices are a result of Ticketmaster’s “dynamic pricing” where ticket prices are inflated based on demand. The system, which has been in place since 2011, quickly increases ticket prices to a level that resellers would get for them.

Though the “dynamic pricing” system has worried music fans before — tickets for Harry Styles, Taylor Swift and Drake have risen hundreds of dollars in the past — Springsteen’s prices are almost five times as much.

And fans have vented their frustration at the prices on social media while venting their anger even on Springsteen, an advocate for the everyday worker.

Bruce Springsteen fans were furious to learn that tickets for his US tour cost up to $5,000 due to Ticketmaster's dynamic pricing system

Bruce Springsteen fans were furious to learn that tickets for his US tour cost up to $5,000 due to Ticketmaster’s dynamic pricing system

One fan stated that a spot on the floor they wanted cost $5,000 plus fees

One fan stated that a spot on the floor they wanted cost $5,000 plus fees

The ticket price hike happened in May for tickets to the Harry Styles tour (pictured)

The ticket price hike happened in May for tickets to the Harry Styles tour (pictured)

One of Styles' fans revealed that due to dynamic pricing, tickets cost as much as $1,450, which quickly increases ticket prices to levels that resellers would get for them

One of Styles’ fans revealed that due to dynamic pricing, tickets cost as much as $1,450, which quickly increases ticket prices to levels that resellers would get for them

The backlash against

The backlash against “dynamic pricing,” which has been in place since 2011, originally gained momentum in 2018, when Taylor Swift ticket prices rose to $995, nearly double the original plan

Ticketmaster is touting its “dynamic pricing” system as a way for fans to get “platinum tickets,” meaning tickets to seats anywhere in the venue.

Regarding platinum tickets, Ticketmaster says on their FAQ page: “Prices are adjusted based on supply and demand, much like airline tickets and hotel rooms are sold.

“The goal is to give the most passionate fans fair and secure access to the most in-demand tickets, while giving artists and everyone involved in running live events the opportunity to purchase tickets closer to their fair value to price.”

Despite pushing for a “fair value” that will help the artist and promoter rake in extra money, this isn’t the first time Ticketmaster has faced backlash over “dynamic pricing.”

Last week, rapper Drake’s fans were furious when platinum tickets for his Young Money reunion show in Canada sold for $573, with premium seating going up to $1,480 on Ticketmaster.

Back in May, fans of Harry Styles lashed out at the ticketing company when prices for the platinum tickets soared to over $1,000, and in February fans of Paul McCartney complained when tickets to the icons’ summer show went on sale at the MetLife Stadium topped $500.

Before the Springsteen incident, the loudest outrage against Ticketmaster’s system came in 2018, when Taylor Swift fans cried out tickets that went for as much as $995 when they originally cost $595 for the artist’s Reputation Tour .

Neither Ticketmaster nor Springsteen representatives immediately responded to DailyMail.com’s request for comment on the backlash.

Steven Van Zandt, a member of Springsteen’s E-Street band, is the only person involved with the show so far to publicly respond to the complaints, telling fans he has no control over the prices.

But that did little to ease fans’ anxiety as they took to Twitter to beat the steep prices.

Springsteen fans took a stand against Ticketmaster's practices on social media

Springsteen fans took a stand against Ticketmaster’s practices on social media

Twitter user Ryan Panton took aim at Springsteen and Ticketmaster by stating that only three things in life are certain: death, taxes and fans angry at the online ticket company.

“Death, Taxes and Fans have p****d at Ticketmaster over extortionate ticketing practices. I’m sorry @springsteen but for a man who has always stood up for the worker these prices are a joke.

Russell LedFord, another Twitter user, called Ticketmaster “criminals” because of the high prices when he posted an image mocking how the prices of regular concert tickets are being inflated seemingly at random by the company.

Twitter user Michael Carter also pointed out that “dynamic pricing” seems to be doing very little as scalpers and resellers continue to raise their own prices to stay ahead of Ticketmaster.

“Well Bruce Springsteen tickets sold out in 20 minutes then lo and behold available immediately at double price on resale sites thanks Ticketmaster,” Carter wrote.

Another Twitter user by the name of Clarissa echoed much of the frustration online, calling Ticketmaster “the real enemy” of music fans.

“Imagine a world where fans of all music genres put their nerves aside and focus on destroying the real enemy – Ticketmaster,” she wrote.

Springsteen fan John Palumbo also vented his anger on Twitter, saying he was outraged by the prices as he got through the Ticketmaster queue.

“The ticket prices were outrageous,” he said. ‘It had to go from $700 to $3,000, and not even for great seats.

“I’m rich and I think that’s freaking crazy,” Palumbo added. “I could hire Backstreet to play in my backyard for a week and it would be cheaper than going to that show.”

Reaction: Fans were quick to express their displeasure, with one calling the expense

Reaction: Fans were quick to express their displeasure, with one calling the expense “shameful”.

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