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U2 manager Paul McGuinness's firm files pretax losses of €1.8m
The Irish Times,
February 03, 2012
Pretax losses at the artist management company controlled by U2's manager Paul McGuinness last year increased seven-fold to €1.8 million, writes Gordon Deegan. Accounts filed by Principle Management Ltd show the firm's revenues decreased from €4.8 million to €3.1 million in the year to the end of March 2011. Mr. McGuinness, his long-time associate Trevor Bowen and U.S.-based Keryn Kaplan received aggregate remuneration totalling €1.6 million during the year. The firm filed a pretax loss of €253,821 in 2010. © The Irish Times, 2012.
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