Friday, March 30, 2007

DCMS fails to make profit at ticket tout conference

Apparently, the Department of Culture, Media and Sport often holds what it calls "summits" for particular industries. They don't actually cost very much but they had one recently on ticket touting which cost, according to the DCMS, £0.00. Surely they should've made a profit?

2 comments:

Chris Paul said...

Making 0% is very possible with a hidden profit and everyone on PC or sharing the risk. There might be a 20% fee or recharge in there somewhere. Music promoters try for 30% before they acknowledge a profit and start giving the pc to the talent on the stage.

dizzy said...

You silly tit, I was making a joke about ticket touts.