LOUISVILLE, KY (WAVE) - Ticket brokers are backing down following some questionable early sales of Bruce Springsteen concert tickets.
On Wednesday, three of the leading ticket brokers, StubHub, TicketNetwork and Vivid Seats were offering tickets to Springsteen's 2016 "The River" tour -- which stops at Louisville's KFC Yum! Center in February. Tickets don't actually go on sale until Friday at 10 a.m. The seats offered by the ticket brokers came at an enormous markup, with some seats ranging from $3,000 to $5,500 each.
New York Attorney General Eric Schneiderman said that's called speculative ticket sales, sold by re-sellers who do not yet have tickets in hand. They generally try to purchase an actual ticket when they go on sale to the public, and pocket the difference between what they charged the buyer and what they paid. Schneiderman called that predatory behavior that drives up prices and hurts consumers, and has launched an investigation as a result.
"Too often unscrupulous speculators leave music fans holding the bag with bad tickets or no tickets at all," Schneiderman said.
His office sent letters to all three companies, ordering them to immediately remove any listings by ticket re-sellers for speculative Springsteen tickets.
WAVE 3 News checked back and found two of the ticket brokers, StubHub and Vivid Seats, have removed the Springsteen tickets from their sites. The third, TicketNetwork, took down seats they were offering to the New York concerts, but are still selling speculative tickets to Springsteen's show in Louisville.
Those interested in buying tickets to the Yum! Center concert and want to avoid the heavy markups should buy seats directly from Ticketmaster. Seats go on sale Friday at 10 a.m., and will be available at Ticketmaster.com, by phone at 866-448-7849 or at the Yum! Center box office.