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.”

Latest Headlines

33 minutes ago in Music

Rock Hall says Jimi Hendrix at Monterey ‘greatest’ festival moment

Fresh
jimi

Fans vote on the top 10 music festival performances of all time. Do you agree with the list?

today in Entertainment

Lupita Nyong’o, Scarlett Johansson close to signing on for ‘Jungle Book’

lupita

Idris Elba will voice the villainous tiger Shere Khan in the latest adaptation of Rudyard Kipling's adventure tale.

today in Entertainment

John Leguizamo chops off fingertip during filming of ‘Chef’

leguizamo

The actor came away from filming with a new-found respect for kitchen staff, a few tips and a great party tale.

today in Music

Doctor convicted in Michael Jackson’s death loses latest appeal

conrad

Dr. Conrad Murray loses his latest bid to have his 2011 conviction overturned.

today in Entertainment

Netflix to debut original Spanish-language series

netflix

Netflix announced its first original Spanish-language television series, planned for 2015.