Coldplay Lawsuit: Former Manager Is Suing For Over $12 Million of Unpaid Commission
variety.comColdplay’s former manager is suing the band for over £10 million ($12 million) worth of unpaid commission. Variety broke the news last month that Dave Holmes, who managed the Chris Martin-fronted band for over 20 years, had split with the “Viva La Vida” rockers and launched a lawsuit in the U.K.
High Court. Documents filed at court now shed some light on what prompted the falling out. Holmes alleges in his filing the band have reneged on a promised contract regarding their tenth and eleventh albums, on which the manager was due to be paid commission.
According to the suit, Coldplay were paid an advance of £35 million ($44 million) for their as yet unreleased tenth album and £30 million ($38 million) for their eleventh and twelfth albums, on which Holmes says he should have received a commission.
He was paid between 8% and 13% commission under his previous contract, which covered the band’s eight and ninth albums, “Everyday Life” and “Music of the Spheres.” As well as managing logistics for the preparation and recording of the albums, ranging from preparing budgets and arranging recording sessions in London, Aspen and Jamaica to liaising with music producer Max Martin and licensing samples, Holmes says in his lawsuit he also worked on the band’s tours, including their U.S., Australia and Asia tours.
Read more on variety.com