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Oswaldo_S

U2 Management Bought By Giant Ln According To Ny Times

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Live Nation has had 9 long years to "care" about this website...it's too late...nothing will ever get done here.

 

Meanwhile, membership fees might increase as well as we might see tickets skyrocket to the same level as Madonna's prices.

 

So don't come crying to me if $50 GA's get replaced with $300 reserved seating on the floor.

 

When that happens, I'll just say..."I told you so"...and then it'll be the beginning of the end for sure.

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"Oh Magoo, you've done it again." I'm happy for him. Pleased to see he has OKed, if not chosen, his own replacement given what I perceive as his loyalty and eye on the ball when it comes to the band's interests. Hopefully the new guy is worthy of the job and brings the skills and understanding to deal with the shifting tides and technologies of today's music business.

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This worries me: "The move would see Guy Oseary, Madonna’s manager, take over the day-to-day management of U2 while McGuinness would step back and become the chairman of Principle Management." 

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Thinking U2 as a product is veeeeeeeeeeeeeeeeeery sad for me, very very sad...

I'm not saying you're wrong, unfortunately you are not....it's just my feeling...

 

Monica I agree with you...this is a bad new  :(

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The same news in other words:

 

Paul McGuinness to step down as U2 manager The band will have to continue With or Without Him (sorry).
 
paul-mcguinness-u2-manager-390x285.jpg
Paul McGuinness at U2's Vertigo tour in 2005.
Image: Cathal McNaughto/PA Archive
 

HE HAS LONG been considered the fifth member of the one of the most successful bands in the world, but U2′s manager Paul McGuinness has decided the time has come to Walk On (sorry).

The New York Times reports that McGuinness, who has managed the band since the start of their career more than 30 years ago, is negotiating to sell his company Principle Management to live music behemoth Live Nation and step down as manager.

 

Live Nation is also in negotiations to buy Madonna’s management company at the same time.

The move would see Guy Oseary, Madona’s manager, take over the day-to-day management of U2 while McGuinness would step back and become the chairman of Principle Management.

 

In a statement to the New York Times, McGuinness said the time had come for him to step back from U2.

“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 ‘n’ roll code of conduct,” he said.

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.

Live Nation, which owns Ticketmaster, has become one of the biggest concert companies in the world. Reports suggest the company is expecting to pay more than $30 million for the two management companies.

 

From: thejournal.ie

 

http://www.thejournal.ie/paul-mcguinness-u2-manager-1172879-Nov2013/

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Welcome to a complete 100% corporate U2,and I'll drop my yellow pants and flash my rosey red arse cheeks if GA tickets are anywhere near the £50 mark next tour,that's if there will ever be GA at a U2 gig ever again.

 

We'll all be in the cheap seats miles away while the posh fuckers rattle their jewellry at the front to quote john lennon.

 

The new rolling stones comes to mind.

Edited by gibbo1968
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and most of all this could be one of the reasons for the delay of the new album....

 

Thinking U2 as a product is veeeeeeeeeeeeeeeeeery sad for me, very very sad...

I'm not saying you're wrong, unfortunately you are not....it's just my feeling...

I think these are the most important and sad news...

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"...I have resolved to take a less hands-on role..." :o  What Achtung Guy said about being sorry to see him step away.

 

"Fans wanted McGuiness to go away."  Well, that would be 'some' fans. Again, what Achtung Guy said. There was only 1 thing I ever didn't like about Mr. McGuiness, which I won't bother to mention, but overall always loved him.

 

"In what would be one of the most surprising shifts in years among the forces behind pop megastars, Mr. Oseary, 41, would take over the day-to-day management of U2."  That's all we need - the same manager that manages Madonna?!  I see her influence in Miley Cyrus, btw. Not good.

 

Well, U2 is in control of U2. Artistically. And at least that's how we all want it. :)

What won't you mention about him??? I'm curious !!!

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It is a sad, sad day, IMO.  U2 got the start they got because of McGuinness.  And I thank him for that, but I think they have needed something fresh for a while. So happy retirement to him.  I didn't want to see him go by way of selling them off to LiveNation though.  I don't think this will gain them any relevance; only dislike for becoming a corporate entity.  I am very scared about the ticket prices now, especially knowing how much Madonna's prices were on her last tour.  If they go that way, I will only get to do one, maybe two shows.  So I'm glad I got to do what I did with my 7 shows on 360, as that will probably never happen again.  My only hope is that as pissed as Larry got with the Vertigo ticket ordeal, that he will not stand for LN price gouging us.

 

You would've thought as much as Bono preaches about it, McGuinness would have kept the business local for Ireland.  But obviously it's more about the money.  :(

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