The deal reportedly includes worldwide touring, merchandising, and the band's official Web site but is not a 360-degree arrangement like Madonna's. U2 will remain with Universal Music and none of the publishing will go to Live Nation.
"It's not do-or-die that we have to have everything. We just have to have certain critical mass, and we more than have it in this deal," Michael Cohl, Live Nation chairman of the board and CEO of Live Nation Artists, told Billboard.com.
U2 manager Paul McGuinness adds, "There's a certain convergence taking place in the industry, and it's obvious that the biggest part of U2's business now is their live business, even though they're a major, major record-selling act." - a lot more details
Kandace Springs - Run Your Race
On the Blue: New Horizons Cruise Day 1: Marbin Gets the Fun Started
Hot In The City: Prog Band Tu-Ner Coming to Phoenix
Megadeth Announce North American Destroy All Enemies Tour
Asia Announce The Heat of The Moment Tour
blink-182 Lead Inaugural South Star Festival Lineup
Enter Shikari Announce New Companion Record 'Dancing On The Frontline'
Sammy Hagar To Receive Star On Hollywood Walk of Fame
Beatles Legend John Lennon's Lost Help! Guitar Discovered After 50 Years
Paul McCartney & Wings: One Hand Clapping 1974 Live Studio Sessions Available For The First Time