Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

U2's McGuinness to Be ‘Less Hands-On,’ N.Y. Times Says

U2 manager Paul McGuinness will take a “less hands-on role” in running the band’s affairs as he nears a deal to sell his management company to Live Nation Entertainment Inc., the New York Times reported.

Live Nation is in advanced talks to buy McGuinness’s Principle Management firm and Maverick Records LLC, the company run by Madonna’s manager Guy Oseary, for more than $30 million, the newspaper said, citing people with direct knowledge of the matter.

Oseary will take over McGuinness’s day-to-day management of U2 if the deal is consummated, the newspaper said, citing a statement from McGuinness.

A woman who answered the phone at Principle Management in Dublin said the firm declined to comment to Bloomberg News.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.