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 National, World

Obama to deploy troops as Ebola crisis worsens

ebola

The U.S. announced a ramped-up plan to help tackle the Ebola outbreak, including a major deployment in Liberia.

in Entertainment

‘National Lampoon’s Vacation’ reboot in the works

helms

The 1983 classic is getting a new look for a new generation, picking up the story with the now-grown children of Clark and Ellen Griswold.

in Trending, Viral Videos

TODAY’S MUST SEE: Sesame Street’s ‘Star S’mores’ trailer

23-overlay2

Sesame Street has its own take on "Star Wars" and it's adorable, funny, creative ... and makes us want to be a kid again.

in Lifestyle

Urban Outfitters apologizes for Kent State sweatshirt

ksu

The shirt sparked outrage for its blood-red dye and holes, in a look reminiscent of the infamous 1970 campus shootings.

in Sports

Tuesday’s Sports Minute

griffin

In addition to the latest on the Adrian Peterson case and the Eagles comeback over the Colts, here is a…