Ticketmaster Addresses Bruce Springsteen Ticket Prices

Ticketmaster is defending itself following outcry over the “dynamic pricing” of Bruce Springsteen tickets.

The company released some stats on costs yesterday, claiming the number of controversial variable-price “platinum” tickets that came to five-grand apiece represented just 11.2 percent of all tickets sold.

They said 88.2-percent of tickets sold at fixed prices that ranged from $59.50 to $399 before the service fees, and that the average price of all tickets sold so far is $262.

Ticketmaster claims that only 1.3 percent of total tickets so far have sold for over a thousand dollars.