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

Va. man named Stoner arrested on pot charges

Fresh
pot

A Virginia man faces drug charges after police found more than $10,000 worth of marijuana plants at his home.

in Trending, Viral Videos

TODAY’S MUST SEE: Best Ice Bucket Challenge fail. Period.

Fresh
18-overlay6

WATCH: A girl attempts the Ice Bucket Challenge immediately after having her wisdom teeth removed. It backfires miserably.

in Viral Videos

‘Baby Got Class’: A back to school parody

22-overlay5

The family that brought you "Xmas Jammies" is back with another fantastic parody video.

in Music

GWAR to tour without Dave Brockie

gwar

The rockers are preparing to start their first tour without late frontman Dave Brockie.

in Weird

Man drives stolen shopping cart to probation meeting

cart

Police say a man rode a stolen electric shopping cart this week to meet with his probation officer.