Universal Music Group announced that Bruce Resnikoff, President and CEO of Universal Music Enterprises (UMe), the global catalog division of UMG, has been promoted to UMe’s Chairman. At the same time, 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.
A 40-year UMG veteran, 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, according to the announcement. He will also continue to work with and advise UMG artists with whom he has deep and long
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