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Friday, March 14, 2014

I.B. Tease: McGuinness

IRISH UP: As unbelievable as this seems, those in the know insist that financial necessity drove U2 manager Paul McGuinness to sell his stake in the band’s management to Live Nation for a rumored $30m. Apparently, he took a major hit when the Irish economy tanked, decimating his investment portfolio. Is McGuinness gone for good, or is this a transitional move? This query comes to you from industry insider I.B. Bad, whose latest column can be found here. (3/14p)

 
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