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

in Local

Maine Ranked 14th In Kids Count Report

GENERIC KIDS LARGE

AUGUSTA, Maine (AP) - The annual Kids Count report by the Annie E. Casey Foundation has found that Maine is making strides in some areas when it comes to children, but continues to struggle in other areas.

in Local

Suspect In Lewiston Store Robbery Arrested

GENERIC COP CAR

LEWISTON, Maine (AP) - Police moved quickly to make an arrest in a weekend convenience store robbery in Lewiston.

in Trending, Viral Videos

TODAY’S MUST SEE: Kids react to ’90s ‘Turtles’

Updated
turtles

With the reboot of the "TMNT" movie coming out next month, these kids get schooled about the history of everyone's favorite mutated reptiles.

in Local

Balloon That Crashed Was From Maine; 4 Hurt

GENERIC HOT AIR BALLOON

CLINTON, Mass. (AP) — The hot air balloon that crashed into a power line in Massachusetts was registered to a Maine man.

in Local

NTSB Files Preliminary Report On Maine Plane Crash

GENERIC INVESTIGATION LARGE

LIMINGTON, Maine (AP) - A preliminary report by accident investigators into a fatal plane crash indicates the single-engine plane clipped trees shortly after taking off from Limington-Harmon Airport.