Ken Lowson, a prominent ticket scalper, discussed his lucrative career in scalping and the extravagant lifestyle it afforded him.
– Lowson was known as the "king scalper" and operated Wiseguy Tickets, which made over $25 million in profits.
– He developed a sophisticated ticket bot that could bypass CAPTCHA codes, allowing him to buy tickets in bulk.
– One of Lowson's most profitable ventures was during U2's 2005 Vertigo tour, exploiting fan club membership codes for tickets.
– Lowson's actions led to public backlash, but he admitted to being consumed by addiction and selfishness at the time.
– The FBI raided Wiseguy Tickets in 2009, indirectly leading to the BOTS Act of 2016 aimed at curbing ticket scalping.
– Despite probation, Lowson returned to the ticket business, now working to assist fans by sharing insights and tips.
– The Vice special also covered recent ticket controversies, including Taylor Swift's concert ticket issues and Senate hearings on competition in the live entertainment industry. Antitrust measures were considered as a potential solution.