• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Personal FinanceArts & Entertainment

Bruce Springsteen’s ticket prices are so high that his fan site ‘Backstreets’ is shutting down after 43 years

By
David Bauder
David Bauder
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
David Bauder
David Bauder
and
The Associated Press
The Associated Press
Down Arrow Button Icon
February 7, 2023, 4:10 PM ET
Bruce Springsteen
Singer Bruce Springsteen and the E Street Band perform during their 2023 tour on Wednesday, Feb. 1, 2023, at Amalie Arena in Tampa, Fla.Chris O'Meara—AP Photo
Add Fortune on Google for similar content.

A magazine and website that has served Bruce Springsteen’s fans for 43 years is shutting down, with its publisher writing that he’s been disillusioned by the debate over ticket prices for their hero’s current tour.

Backstreets had been an unusually robust publication that imposed journalistic rigor on its writing and photography, while leaving no doubt of its fan worship.

But the complaints about high ticket prices left people there “dispirited, downhearted and yes, disillusioned,” publisher Christopher Phillips wrote late last week in a post announcing the shutdown.

“Disappointment is a common feeling among hardcore fans in the Backstreets community,” he wrote. Phillips did not immediately return messages seeking comment.

Springsteen’s manager, Jon Landau, said that “we are very sorry to hear the news of Backstreets closing and want to thank Chris Phillips for his 30 years of dedication on behalf of Springsteen fans everywhere. “

There was an uproar among some Springsteen fans when tickets first went on sale last summer, particularly over Ticketmaster’s dynamic pricing model, which sent tickets soaring to $5,000 or more when there was high demand. At a congressional hearing last month following the fiasco over Ticketmaster’s handling of Taylor Swift tour tickets, U.S. Sen. John Kennedy of Louisiana suggested major artists like Springsteen and Swift should demand fee caps.

Springsteen’s team has defended the prices as being in line with what is charged today by many of his peers. Like many artists, he says he’s annoyed when unscrupulous ticket brokers — not the musicians — benefit from high markups.

Ticketmaster has said the vast majority of fans were able to buy tickets at face value, which averaged $202. The tour began Feb. 1 in Tampa, Florida.

Many Springsteen fans have been with him for decades, appreciating his working class New Jersey roots, and can remember when a ticket for a four-hour, high-energy show on the “Darkness on the Edge of Town” tour in 1978 could be had for $7.50.

That’s not reality anymore. Springsteen hasn’t backed down, telling Rolling Stone magazine that fans unhappy with the price after seeing the show can have their money back.

“You certainly don’t like to be the poster boy for high ticket prices,” he told the magazine, but said you have to own your decisions and do your best.”

Phillips wrote that many Backstreets readers have lost interest because they can’t afford to go to the show.

He said he hadn’t given up on being a fan of Springsteen’s music, and that others shouldn’t, either.

“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,” he wrote. “That determination came with a quickening sense that we’d reach the end of an era.”

Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Sign up here.

About the Authors
By David Bauder
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Personal Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Personal Finance

Amazon founder Jeff Bezos
SuccessBillionaires
Amazon’s Jeff Bezos could be the latest American billionaire to buy into European soccer clubs—he’s eyeing up a stake in Liverpool FC
By Emma BurleighJuly 23, 2026
3 hours ago
Current price of gold as of July 23, 2026
Personal Financegold prices
Current price of gold as of July 23, 2026
By Danny BakstJuly 23, 2026
5 hours ago
mm
CommentaryLeadership
Michael Muthukrishna: The ‘lone genius’ myth is wrong and it’s holding back your business
By Michael MuthukrishnaJuly 23, 2026
7 hours ago
Top CD rates from major banks July 23, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on July 23, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 23, 2026
8 hours ago
Current price of Ethereum for July 23, 2026
Personal FinanceEthereum
Current price of Ethereum for July 23, 2026
By Joseph HostetlerJuly 23, 2026
8 hours ago
Current price of Bitcoin for July 23, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for July 23, 2026
By Joseph HostetlerJuly 23, 2026
8 hours ago

Most Popular

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
1 day ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
3 days ago
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
23 hours ago
'The man who dies rich dies disgraced': The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
Success
'The man who dies rich dies disgraced': The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
By Nick LichtenbergJuly 22, 2026
1 day ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
2 days ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.