Music Business News: North America

SoundCloud names Google exec CFO, tasked with ‘maintaining our financial health’

SoundCloud lost $44m in 2014 on revenues of $19m

Major labels generated $5bn in first half of 2016 – as Universal took lion’s share

Universal's streaming market share is greater than its overall holding

UMPG pipped Sony/ATV to become top Gold & Platinum publisher in the US last month

UMPG - led by Chairman and CEO Jody Gerson - was the lead US publisher in July with 86 certifications

BMG’s Thomas Scherer promoted to EVP BMG US Publishing

The exec now has direct responsibility for BMG’s LA and New York-based publishing creative teams

Universal isn’t quite done with streaming exclusives (but almost is)

Major has apparently received "a flood" of supportive emails after Lucian Grainge's ban

Deezer US boss quits for a vape company as new hires are revealed

Two new hires to drive growth for Deezer during a period of rapid business expansion

‘Rather than a land grab, streaming should be a race to build the most excitement’

Former Apple Music employee Sean Glass tackles solutions for the problems he sees in the music business

The biggest album launches in the US this year are streaming exclusives

Views, Lemonade and now Blonde are the US's biggest week-ones this year