U2 manager Guy Oseary (pictured) has enlisted a number of high-profile music managers from across the industry to sign up to a new venture in partnership with Live Nation, titled Maverick.

The company is focused on finding opportunities beyond music - including tech or consumer goods - and is a response to dwindling income from record sales.

Names involved in Maverick are Laffitte Management's Ron Laffitte, I Am Other's Caron Veazey, Blueprint Group's Gee Roberson and Cortez Bryant, ...