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

9 minutes ago in Local

Maine Man Says In Lawsuit Petco Rat Made Him Sick

Fresh
LAWSUIT

PORTLAND, Maine (AP) - A Maine man who says he developed a serious disease after getting bit by a rat he bought at Petco has sued the pet supply retailer.

1 hour ago in Local

Electronic Corporation Plans To Invest In Maine

Fresh
GENERIC JOBS LARGE

CAMDEN, Maine (AP) - A New Mexico-based business says it plans to invest more than $3 million and create 29 new jobs in the Maine town of Camden.

yesterday in Local

Augusta Woman Gets 9 Months For Selling Cocaine

GENERIC COCAINE-BIG

An Augusta woman has received a nine-month jail sentence for trafficking cocaine.

yesterday in Local

Maine Nursing Homes May Get $14 Million Boost

old people

Maine's nursing homes could see a funding boost under legislation awaiting Gov. Paul LePage's signature.

yesterday in Local

Maine Doctor Loses Appeal In Civil Rights Case

GENERIC COURT LARGE

The Maine Supreme Judicial Court refused to clear an emergency room physician of a Richmond woman's claim that he violated her civil rights.