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

Bill Automatically Registers to Vote Those Getting A Driver’s License or ID

Illinois General Assembly

Bill sponsors don't expect it to pass this legislative session.

in Local

Champaign Leads Illinois Cities in 5-Year Growth

Champaign

Decatur had drop in population.

in Local

General Assembly to Get Going on Rauner’s Bills

Illinois General Assembly

Several bills coming out of the governor's office are on Rauner's "Turnaround Agenda".

in Local

Special Election Candidate Says Raise in Gas Tax Isn’t the Way to Go

Mike Flynn

Mike Flynn says there are alternatives to raising gas tax in order to fund the Highway Trust Fund.