NASHVILLE, TN - The hottest concert performer of late is 14-year-old pop star Miley Cyrus, star of the Disney Channel's "Hannah Montana" TV show. Fans are so desperate for seats to her 54-date tour, kicking off later this month, that venues have sold out in as little as four minutes and scalpers are getting four to five times the face value. That has frustrated a lot of parents.
In Arkansas, Attorney General Dustin McDaniel announced an investigation of the Hannah Montana ticket sales after reports of a quick sell-out and scalping off a show at North Little Rock's Alltel Arena. McDaniel's office said that, only a few minutes after sales of the tickets began, consumers at the box office and those who went to the Ticketmaster Web site were told that the concert had sold out.
Swift sellouts have been reported across the country. The tight supply has proved to be a bonanza for scalpers. One ticket for a show in Charlotte, North Carolina, sold for $2,565.