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New CEO at Seatwave
By Chris Cooke | Published on Friday 13 September 2013
Sometimes controversial secondary ticketing company Seatwave has a new boss, with former Shazam Chairman Ajay Chowdhury becoming CEO. He replaces the company’s founder Joe Cohen in the top job, he having announced he was taking a non-executive role at the firm at the start of the year.
Noting accusations that ticket resale sites exploit music fans, and are mainly utilised by industrial touting operations, Chowdhury quickly defended his new employer, saying: “The majority of sellers are fans who want to sell their tickets for a variety of reasons. A significant number of tickets are sold at below face value. If they are sold at more than face value it is a result of demand for the event”.
The new boss takes over as Seatwave goes into profit for the first time, and he says he hopes to expand the company’s mobile credentials in the coming year.
