WTF: UK scalpers said to be pulling in $50K a year

www.inthemix.com.au
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This week’s NME magazine came out offering some rather shocking figures on the current boom of UK scalpers, which they inexplicably refer to as ‘touts’ – they also call trucks ‘lorries’, kooky Brits! – with the music sheet claiming that some ticket hawkers are pulling in profits of almost £28,000 ($50,000 AUD) a year.

According to the news piece, a recent investigation into web-based ticket sclaping by security group G4S revealed that your average scalper is drawing at least a 59% profit on each individual ticket sold, whilst those making the big, 50K a year earnings are trading off at least 10 ticket scalps a week.

Pointing to an example of the current scalping crisis facing UK promoters, the study outlined that tickets for this year’s Reading festival, featuring the likes of LCD Soundsystem, Pendulum, Rusko and Roots Manuva, were being scalped online at present with a 32% mark-up tacked on by the touts.

Although Australian event promoters have done their best to implement new methods to curb scalpers’ profiteering tricks, the problem seems to show no sign of going away. We have to wonder if it’s time for the music industry to forget the downloaders and go after the ticket scalpers?

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Matthew de Groot

Matthew de Groot said on the 26th May, 2010

Why would the music industry go after scalpers? They still get their cash.

daverh

daverh said on the 26th May, 2010

I don't just mean labels when i say that. I'm talking, PR, managers, etc.

ticketsplease

ticketsplease said on the 26th May, 2010

surely they sell drugs too.

Ben Royal

Ben Royal said on the 26th May, 2010

Hasnt the GFC killed off most of the scalping in this country over the past year or 2? Hardly any festivals (apart from BDO) seem to be selling out anymore.

tranceboy2009

tranceboy2009 said on the 26th May, 2010

perfect example here , metallica tickets cost $150 for general admin and selling on ebay for $365 each , so $165 profit per ticket and most are selling 10 or more

theHordern

theHordern said on the 26th May, 2010

ben royal, forgetting about splendour? $450 apiece and sold out in a few hours. wheres your gfc now?? and tranceboy thats a profit of $215 champ

Sunrize

Sunrize said on the 26th May, 2010

WTF! I'm quitting my day job......

matzta73

matzta73 said on the 26th May, 2010

I recently bought a ticket off a scalper to attend Future music and this person was a full-time scalper, telling me she and her husband would buy upwards of $10,000 worth of tickets (to any event they thought would sell-out) to the same event/s around the

NiceOnesBruv

NiceOnesBruv said on the 27th May, 2010

Ha wow 50k i know personally 2 different scalpers in Melbourne that make 250k a year