Sep
25
Springsteen Tickets Hit $10,000, and Wall Street Gets Scalped
By-
Hedge-fund money chases soaring ticket prices in new era
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Alleged frauds ensnared Michael Dell, Paul Tudor Jones
We ain’t in Asbury Park anymore: prime tickets to “Springsteen on Broadway” are now going for as much as $10,000 on StubHub.
Even a cheap seat will cost you $1,400. Never mind that it says $75 on the ticket.
Sure, those $2.50 tickets, circa “Rosalita,” disappeared in the ’70s. But The Boss’s run at Broadway’s Walter Kerr Theater is just the latest example of how today’s ticket resellers, AKA scalpers, help drive prices to you’ve-got-to-be-joking levels…
Springsteen Tickets Hit $10,000, and Wall Street Gets Scalped