Coldplay’s ex-manager is demanding nearly $13 million from the British band in a lawsuit for alleged breach of contract

Dave Holmes, who ran Coldplay for over 22 years, has filed a £10 million lawsuit in the UK High Court. (nearly $13 million) against the British band for breach of contract after the group reportedly denied him for work.

Holmes was fired in 2022 despite agreeing to renew his contract to help with his 10th and 11th albums, according to the legal filing. The former representative, as indicated, also began preparations for his 2024-2025 tours Daily mail..

The experienced manager, who, according to sources, is close to the case he feels “betrayed” by the bandwants the group (consisting of Chris Martin, Jonny Buckland, Guy Berryman and Will Champion) to pay the commissions to which he was entitled, as set out in the contract, and reimburse “losses and damages equal to the profit” that would have been obtained, as well as everything corresponding thereto in previous contracts.

Holmes also demands that Coldplay, who have become one of the best-selling bands of all time, confirm that the contract for albums number 10 and 11 was agreed.

The director has worked with Coldplay for over twenty years, managing recording and live performances since 2005’s X&Y, their third studio album.

During his time with the band, he helped record and release seven albums and six tours, including their world tour. Music of the spheresone of the highest-grossing tours of all time.

Following his sacking, Coldplay’s first manager Phil Harvey, as well as Mandi Frost and Arlene Moon, who worked alongside Holmes for many years, have taken over.

Under his contract, Holmes was entitled to a percentage commission on the net earnings from the band’s albums and live performances, as well as all other activities associated with their album cycles.

This increased from 8% for X&Y to 13% for Viva La Vida and Mylo Xyloto. It fell to 10% on the band’s last four albums.

Around March 2014, Harvey, Coldplay’s creative director and the so-called “fifth member” of the band, made a deal with Holmes, giving him 50% of his own commission for the work Harvey did on the band’s first two: parachutes And A rush of blood to the head.

The lawsuit alleges that the band stuck to that agreement until September 2021, when Martin asked that Holmes and Harvey’s private performance commissions be reduced in an effort to get more favorable rates for booking agents.

Coldplay representatives said Holmes’ management contract expired at the end of 2022, “at which point they decided not to start a new contract.” “The case is now in the hands of Coldplay’s lawyers and the claims are vigorously contested.“, was added. (JO)

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