He will continue to manage Madonna and U2 and consult Live Nation CEO Michael Rapino, extending his deal with the touring company.
Guy Oseary is stepping away from his day-to-day role at his management collective Maverick to consult for Live Nation CEO Michael Rapino and further concentrate on his tech and entertainment entrepreneurial interests.
The news comes with a three-year extension of Oseary's existing partnership with Live Nation, which purchased Maverick in 2013. He will still continue to manage Madonna and U2 under the Maverick banner.
Other managers using the Maverick umbrella will continue to operate under Live Nation's Artist Nation division.