New managing director for moshtix

moshtix
Monday, 23 June 2008

New Managing Director for moshtix

The chief executive officer of News Digital Media, Richard Freudenstein, today announced the appointment of Adam McArthur as managing director of ticketing website, moshtix. Mr McArthur, currently moshtix’s operations manager, starts in his new role on July 1.

 Mr McArthur succeeds Hamish Petrie, founder of moshtix, who will continue to work closely with the team until the end of the year to ensure a smooth management transition. Mr Petrie will be leaving to pursue new business opportunities.

 Mr Freudenstein said “In his role as operations manager, Adam has proved he has he knowledge and management skills to lead moshtix into its next phase. “His brief is simple – to grow site traffic, ticket sales and advertising revenue, and to use moshtix’s unique proposition to challenge the major ticketing agencies in an industry which sells 35 million tickets a year.”

 Prior to moshtix, Mr McArthur spent five years working at TZ Limited, an Australian technology licensing business. In his role at TZ Limited, he was instrumental in growing the business from a start up, to listing it on the ASX and then saw through its move to the United States. Before TZ Limited, Mr McArthur worked for James Hardie in corporate development exploring new growth markets across Asia, Europe, Latin America and the USA.

“I am very excited to be taking over the leadership at moshtix, already a successful company with a fantastic culture and staff,” Mr McArthur said. “Hamish has been a terrific leader over the past five years and I look forward to continue growing the business he so passionately began.”

Mr Freudenstein thanked Mr Petrie, paying tribute to his remarkable achievement in launching moshtix. “Hamish is a true entrepreneur - he identified a gap in the market, created a company in his front room and built a business which from day one has exceeded all expectations.

 “It’s been a pleasure working with Hamish since our acquisition of moshtix in 2006, and on behalf of News Digital Media and News Limited, I thank him for his contribution and wish him the very best for the future.” Mr Petrie said “The business has seen incredible growth with thanks to an amazing team of people. The first fragile steps of moshtix began as an idea on a kitchen table. Only five years later, we have sold over 20,000 events, issued over 450,000 moshcards, attracted over 500,000 users and are now selling through over 100 independent outlets nationwide.

“It’s been incredibly exciting with a notable highlight seeing 38,000 people use our entry system at the Good Vibrations festival earlier this year. “I am sad to leave, but I have many other ideas I wish to pursue and the time is right to hand over to Adam, who I know will do a terrific job in leading the passionate team at moshtix.

 “I would like to thank all the staff at moshtix and News Digital Media, in particular Richard Freudenstein, for their support and guidance. I look forward to watching them help moshtix reach its full potential over the next few years,” Mr Petrie said.

For more information contact:

Vida Redoblado public relations executive
Phone | 612 8114 7325 or Mobile | 0401 435 309
Email | vida.redoblado@newsdigitalmedia.com.au