BRUCE RESNIKOFF PROMOTED TO CHAIRMAN, UNIVERSAL MUSIC ENTERPRISES
JAMIE KRENTS NAMED PRESIDENT & CEO, UNIVERSAL MUSIC ENTERPRISES
Through more than 40 years of excellence at UMG, Resnikoff is widely considered the architect of global recorded music catalog marketing. As part of his new position, he 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. He will also continue to work with and advise UMG artists with whom he has deep and long term relationships at UMe.
At Verve, Krents has signed award-winning talent while creating groundbreaking, holistic campaigns across new releases and catalog. 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.
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Resnikoff said, "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."
Krents said, "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."
Resnikoff founded UMe in 1998, after the merger of PolyGram and Universal, creating a paradigm for the catalog business that has now been adopted by the entire industry. Resnikoff started at the company in 1983, joining MCA Records in Business and Legal Affairs. Three years later, he was named Director of MCA Music Entertainment Group's Special Markets and Products Division. He then held increasingly senior positions, before being appointed Executive Vice President in 1995. The following year, the Music Entertainment Group became Universal Music Group and Resnikoff founded Hip-O Records, a label primarily focused on reissues and compilations. Resnikoff then launched Universal Music Enterprises and was named its President in
Resnikoff is also responsible for establishing UMG's recent entry into the Estate Management business. He has been a producer or executive producer on documentaries about
Krents has served his entire executive career at UMG. A professional bassist, he started at Verve as a temp between tours in 1998, and eventually worked his way up to President and CEO of Verve Label Group in 2024. In that role, Krents spearheads strategy across a group of storied labels including Impulse! Records, Verve Records, Verve Forecast, Decca Records US and label partners Decca Classics, Deutsche Grammophon, Hyperion and ECM.
Under his leadership, Verve saw historic GRAMMY® wins for
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ABOUT UNIVERSAL MUSIC GROUP
At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audio-visual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms, and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit www.universalmusic.com.
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SOURCE Universal Music Group
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