Backstreets, a periodic Bruce Springsteen magazine that has been covering the singer and his E Street Band since 1980 is shutting down due to disillusionment over Ticketmaster’s dynamic pricing model. A line from Springsteen’s Nebraska was used in the fanzine’s social media announcement on Friday: We had a good time together for a while, sir.
Let’s see the official Tweet shared on the verified Twitter account of Bruce Springsteen:
Ladies and gentlemen… the E Street Band! pic.twitter.com/Lo7OU0r4AO
— Bruce Springsteen (@springsteen) February 1, 2023
The magazine said last summer that too many Springsteen fans got thrown to the wolves and pushed aside in a way that seems as unfathomable as it was avoidable in response to the confusion over rising ticket prices for the upcoming E Street Band tour.
Phillips continued in his final op-ed by saying,
We simply realized that we would not be able to cover this tour with the drive and sense of purpose with which we’ve operated continuously since 1980 regardless of the eventual asking price at showtime and whether an individual buyer finds it fair.
To recap, Springsteen’s devoted fanbase was taken aback by Ticketmaster’s dynamic pricing program which allows for platinum tickets to be priced differently depending on where in the arena they are located. By allowing ticket prices to quickly increase to what is expected resellers to pay the system keeps more of the profit within the industry.
Backstreet Boys expressed their shock online when Springsteen tickets went on sale using the dynamic pricing model tweeting a screenshot for one seat and asking, “Tampa mid-floor for $4,400, anyone?” When questioned by Rolling Stone in November, Springsteen said, You don’t like to be criticized.
Tampa mid-floor for $4,400 each, anyone? #catchandrelease
“Ticketmaster's Official Platinum seat program enables market-based pricing (adjusting prices according to supply and demand) for live event tickets, similar to how airline tickets and hotel rooms are sold.” pic.twitter.com/8qyanN0OQA
— Backstreets Magazine (@backstreetsmag) July 20, 2022
If you want to know more about other show like this, you can read our previous post:
According to Philips, the magazine still maintains its stance on the initial editorial. We’re not the only ones finding this transition difficult. He wrote,
Disappointment is a common feeling among diehard fans in the Backstreets community, judging by the letters we’ve received over the past few months, the friends and longtimers we’ve been checking in with, and the response to our editorial.
He went on to say,
Six months after the on sales, we still faced this three-part predicament: These are concerts that we can hardly afford, that many of our readers cannot afford and that a good portion of our readership has lost interest in because of it.
The band’s first Tampa show was on February 1 and tickets went on sale at face value the day before the show, selling for as little as $199 each and as much as $299 for seats on the side of the stage. Phillips also acknowledges that the future of ticket sales for upcoming stadium shows is looking brighter.
We’ve heard and have every reason to believe that there will be changes to pricing and the ticket-buying experience when the next batch of shows go on sale, he wrote. Furthermore, we are aware that enterprising concertgoers may be able to take advantage of price reductions when production holds are released in advance of a concert.
(Source Link Variety.com)
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