NEW YORK (AP) _ Scalpers expecting to make a profit on Barbra Streisand’s farewell concerts at Madison Square Garden have resorted to selling tickets for less than face value _ about half-price in some cases.
The concerts Wednesday and Thursday night were officially sold out within hours. But plenty of tickets were being offered by brokers over the Internet on Wednesday at prices ranging from $500 to $1,500 or more.
The face value of the tickets was $125 to $1,500, with VIP tickets going for $2,500, including dinner.
Several brokers who would speak only on condition of anonymity said that as the concerts approached, the more expensive tickets started selling for less than face value.
One man who described himself as a ticket wholesaler who sells to other brokers said that he could probably secure one of the $1,500 tickets for $700 or $800.
Streisand’s spokesman, Ken Sunshine, said he was glad some brokers had lost money on the tickets.
``We’re thrilled about that,″ he said. ``They’re the scourge of the industry.″
Streisand has said the shows plus two performances in Los Angeles last week would mark the end of her concert career.
Streisand’s live performances have been infrequent. Up until a pair of 1993-94 New Year’s concerts in Las Vegas, she had not performed before a paying audience in nearly three decades.