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 Local

Texas Congressman Backs Flynn in 18th District Race

Fresh
7-1-15 Gohmert for Flynn

Texas Republican Congressman Louie Gohmert is on the stump for Mike Flynn.

in Local

Former Treasurer’s Office Employees File Suit

Fresh
Republican gubernatorial candidate State Treasurer Dan Rutherford participates in a Republican gubernatorial candidate debate Tuesday, Feb. 18, 2014, in Springfield, Ill. The four Republican gubernatorial candidates said that they’ll be willing to work with unions if elected but differed on how to approach the relationship during a downstate debate that largely focused on pension reform, taxes and just briefly on personal issues that have dogged some of the candidates.

The suit is the latest chapter in a saga involving sexual harassment claims that undercut Rutherford's 2014 campaign for governor.

in Local

Rauner Borrows to Budget, Vetoes Legislator Pay Increases

rauner-620x400

Gov. Bruce Rauner has borrowed $454 million from special state funds to help manage cash flow as Illinois begins a new fiscal year without a budget.

in Local

10,000 Toilet Paper Rolls Stolen from Charity, Grocery Store Steps Up

Updated
toilet_paper

It's a happy ending for a Springfield charity.

in Local

Smoke Free Campus Law Is in Effect

smoking1

Exceptions: inside a car