Ron Goldstein Exits Verve Music Group
December 8, 2006 at 10:47 AM (PT)
VERVE MUSIC GROUP Pres./CEO RON GOLDSTEIN has exited his post. UNIVERSAL MUSIC ENTERPRISES Pres. BRUCE RESNIKOFF will now also oversee VERVE, which remains a standalone entity that will continue to sign artists.
In a statement, UNIVERSAL MUSIC GROUP said, "In an effort to better serve our artists and business partners, VERVE will now be part of UNIVERSAL MUSIC ENTERPRISES. This will further enhance the label’s ability to reach its consumers by taking advantage of UME's successful non-traditional approach to marketing, publicizing and distributing music. As a result, VERVE will now be uniquely positioned to maximize the many new opportunities evolving in this challenging marketplace. VERVE has been at the core of the jazz world and music history for over four decades and remains committed to being a leader in jazz and adult contemporary music. In addition to its legendary catalog, VERVE will retain an active roster and a fully dedicated staff."
UME oversees UMG catalog and several other companies, including NEW DOOR RECORDS, HIP-O RECORDS and UNIVERSAL MUSIC MEDIA.