News

U2’s longtime manager steps down

U2’s longtime manager steps down

U2 MANAGER STEPS DOWN: Members of the Irish Band U2 from left, Bono, The Edge, Adam Clayton and Larry Mullen, Photo: Associated Press

Irish rock legends U2 will now be looked after by Madonna’s manager Guy Oseary after the band’s longtime boss decided to step down.

The group has been managed by Paul McGuinness since he met them at a gig in 1978 and he has guided its stars Bono, The Edge, Adam Clayton and Larry Mullen, Jr. throughout their stellar career, but he is now stepping away from his charges.

McGuinness is preparing to sell his Principle Management company to concert giant Live Nation, which is also snapping up Maverick Records, which was co-founded by Madonna.

Oseary will take charge of U2 after the deal goes through.

A statement from McGuinness reads, “It could be seen as slightly poor etiquette for a manager to consider retiring before his artist has split, quit or died, but U2 have never subscribed to the rock and roll code of conduct. As I approach the musically relevant age of 64 I have resolved to take a less hands-on role as the band embark on the next cycle of their extraordinary career…

“I have long regarded Guy Oseary as the best manager of his generation and there is no one else I would have considered to take over the day-to-day running of our business.”

Recent Headlines

in Weird

Misleading sign welcomes/prohibits visitors

miamisign

A malfunctioning city signs sends mixed messages.

in Viral Videos

Watch Gordon Ramsay give Jimmy Kimmel a blind taste test

21-overlay

The "Hell's Kitchen" star tests the comedian's palate with a blind taste test.

in Weird

Ohio man busted after responding to sheriff’s Facebook post

marcum

STUPID CRIMINAL FILES: After the sheriff asked Facebook to help find a wanted man, the suspect himself struck up a conversation with law enforcement.

in Music

Metallica releasing their 1982 demo tape

metallica

Metallica are feeling retro - so retro, their next release will be on cassette.