Universal Music Group Confirms Two Major Promotions

Universal Music Group has announced two major promotions.

Bruce Resnikoff, President and CEO of Universal Music Enterprises (UMe), the global catalog division of UMG, has been promoted to UMe’s Chairman, while Jamie Krents has been promoted to President and CEO of UMe, in addition to his current role as President and CEO of UMG’s Verve Label Group.

Boasting more than 40 years' experience at UMG, Resnikoff has established himself as a major figure in global recorded music catalog marketing.

As part of his new position, Resnikoff will "focus on expanding UMe’s activities including estate management, as well as acquiring name and likeness, recorded music, and audiovisual rights of artists and catalogs."

In Krents’ new role at UMe, he will "accelerate the development of progressive campaigns using the latest advances in digital and direct-to-fan marketing, further amplifying UMG’s legendary artists and the renowned recordings in its catalog."

“Bruce is a brilliant executive who defined the modern catalog business, always evolving new ways of championing iconic recordings and the world’s most influential artists," Sir Lucian Grainge, Chairman & CEO of UMG, shared.

"He established UMe and built it into the industry’s most successful catalog division, so I’m delighted he’s taking on this new role to help us expand into exciting new areas. Bruce and Jamie already share a strong partnership, and Jamie’s inventiveness and artist-first approach make him an ideal leader to further strengthen UMe.”

Resnikoff can't wait to get started in his new role.

“UMe carries the responsibility of amplifying great artists, their culture-shaping stories, and a catalog of classic albums. I’m excited to continue pushing UMe forward, working alongside Jamie to develop fresh ways to grow our artists’ careers, fanbases, and legacies," he said.

Krents said of his promotion: “Both UMe and Verve share a deep commitment to artistry and originality. I’m honored to take on this expanded role, working with Bruce and building on his leadership and vision, as we continue to invest in timeless talent, and develop new initiatives to help our artists deliver lasting cultural and commercial impact.”